in regards to the gold stock index - I would say there's another 5 to 7% to come off the index - or maybe what I'm saying is that I'll tolerate another 5-7% before stopping myself out.
I'd love to see it rally here - simply because I fucking hate being wrong.
(edit) Well I didn't exactly execute too well either today. Long positions helped cushion the blow so the overall loss today was slightly under 1%. But had I not shorted I would have been up 1%+. I have more energy than gold at this pt. Stopped myself out of the shorts, but should have done so earlier in the day. Went to lunch and we shot up too fast. I never recovered. I can't go to lunch I guess. Silly position anyway. Live and learn I hope.
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