Replies to post #6009 on General Stock Ideas

[scstocks]

Oh NO, Say it ain't so. :-)

Just curious, why the options, rather than straight up? Did you play both sides?

GLTU in the new year mf4...

[bigworld]

MF4: GDXJ is a 90/10 proposition in terms of odds. That's pretty good. The world economy could collapse next week, but I doubt it. If the Dollar drops, gold and equities rise. If Iran shuts off the Straights of Hormuz...war starts and gold and energy skyrocket. GDXJ was pretty far below its 200 DMA. A rally is underway as you can see from the past several trading sessions. GDXJ went ex-dividend recently and $1.59 was peeled away in the price which probably freaked out some casual investors. It was meaningless, just an accounting issue. But the selling ran its course and I see GDXJ at the least regaining its 200 DMA and more than likely rallying above and beyond it. This one will be a winner for you my friend.

[scstocks]

mf4, are you still holding these gdxj options on this rise today? +7.28% as I write this....