Replies to post #39675 on Traders Cooperative

[basserdan]

>>>I am assuming that GLD will try to get above 91 today I will add another 25% should it do so. Wherever GLD is on thursday morning I will add the other 25%. Then wait. g<<<

G'morning opnion,
Are you now fully short w/r to your GLD position, and if so, may I ask (a) what you are looking for on the downside and (b) at what point might you consider yourself 'wrong?'

I hope my questions don't make you uncomfortable, opie, as I'm sitting on a lot of cash looking for deployment and I consider your take on things to be top notch.

Thank you and good luck.

[ItsAllCyclical]

So far, so good. Nice call on gold. Guess you have an office inside Goldman Sacks?