Thursday, July 24, 2008

Getting Long Gold....again.

Getting long gold once again via my preferred vehicle, the SPDR Gold shares ticker GLD.

Long 1 unit of GLD here at $91.45 with a stop at $89.19



Good speculating to you all and always remember that "an investor is a speculator who made a mistake and will not admit it".

Open Positions:
Long 6 units Currencyshare Japanese Yen ticker FXY @ $88.55 stop at $91.40
Long 1 unit Ultrashort Dow DXD@ $50.12 stop $58.62
Long 4 units Currencyshares Swiss Franc ticker FXF @ $97.70 stop at $93.82
Long 1 unit Ultrashort QQQ ticker QID @ $37.05 stop at $42.87
Long 2 units Hecla Mining ticker HL @ $8.50 stop at $8.09
Long 2 units Ultrashort 20yr Treasury ticker TBT @ $67.85 stops at $69.24/68.32
Long 1 unit SPDR Gold shares ticker GLD @ $91.45 stop at $89.19
Short 1 unit of Visa ticker V @ $86.25 stop at $75.43
Short 2 units of Netflix ticker NFLX @ $30.35 stop at $29.43
Short 1 unit Wells Fargo ticker WFC @ $29.90 stop at $31.22
Short 1 unit Bank America ticker BAC @ $32.70 stop at $34.32

No comments: