Tuesday, October 4, 2016

GOLD!



With Gold hitting the bottom of this channel I closed the puts.  Doubled my money in 2 days. 


If I'd gone shorter term, I'd have made a much bigger pile of money! 


I'm not sure if I did the right thing by exiting, but I wanted an excuse and I got one.  Now I'll have more money flexible for tomorrow's chaos.


The weekly timing array suggests it will maintain the down trend for several weeks.


If It goes up for a few days I'll be back on the short side. 

1 comment:

  1. Wondering how much the SGE being closed this week has to do with them pulling off this smash?

    ReplyDelete