Tuesday, December 7, 2010

12/7 Daily Commentary

Currently short gold, short silver, long dollar index, holding 4% SDS and 2% EUO. 
I covered the silver short at 28.66 until a bounce to about 29.50.

I'll cover gold at 1381 and add to SDS (or short SP futures) when 30-minute M/A is violated by 6.10 on the downside.

I'll be selling my dollar futures position at 80.25 (currently 80.17).  I'll continue to hold 2% UUP and 2% short Euro EUO.

1 comment:

  1. GC
    Good call.