I'm watching the S&P fall and gold run. My gold plays have been a mixed bag. What to do, what to do?
GLD is reaching top resistance, the S&P has filled it's gap below. We have several gaps above @ the S&P now and several gaps below with GLD. 90% of gaps fill
It's time to get out of gold!!!
I sold BAA the last week for -1% and got caught in breakout spikes, 3 days ago, in THM & VGZ. Sold out of all today.
Plans were looking for 20% at VGZ and 10% at THM. Closed VGZ for +22% and took -5% (half the planned target) loss at THM. For a grand total of +16% in 2 weeks.
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