I covered the silver short at 28.66 until a bounce to about 29.50.
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.
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.
I covered the silver short at 28.66 until a bounce to about 29.50.
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.
Subscribe to:
Post Comments (Atom)
GC
ReplyDeleteGood call.
http://99ercharts.blogspot.com/2010/12/gold_07.html