Wednesday, April 20, 2011

Liquidating Miners

$GOLD price action looks scary to me today, might be due for a nasty pullback. I unloaded 1200 AUY @ $12.96. Still have a 1000 left. Got a nice 20% gain in. Of course I will buy back with lower prices.

Wrote covered calls on all of the GDXJ I own, as well.

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