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Oddlot

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Oddlot

Re: None

Monday, 09/17/2018 2:01:15 PM

Monday, September 17, 2018 2:01:15 PM

Post# of 37921
GLD and UUP
UUP has an important point at 25.00, below which many longs will reverse to short. The correlation of gold to UUP is -0.80, implying that such a breakdown would signal necessary change in my short GLD position.

My stop is 115.33, and above the price when UUP reversed from 25.00. I am changing the stop to a Stop and Reverse point. Therefore, the order is to buy 2 GLD at 115.33 on stop.

Oddlot

Stay on the right side of the cycle!

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