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ItsAllCyclical

05/08/09 3:07 PM

#18901 RE: Frank Pembleton #18899

Gold stocks seems to be tracking the move in the general market. If one think that the move in the general market is unsustainable then I think we'll be able to buy at lower prices again. I still have some gold positions, but I did sell some today. I'm also scaling back into shorts. Maybe 950 area on the S&P, but I don't think we go much higher w/out at least coming back to these levels ST. As such forcing myself into some shorts again.