Showing posts with label ACI. Show all posts
Showing posts with label ACI. Show all posts

Friday, June 12, 2009

More position changes

Added to my UNG (natural gas) position since it is forming the final end of a bullish wedge, 1000 total now.
Sold my ACI (Arch Coal) position for a modest 15% profit to make room for the UNG.
Sold my DGP (Double Long Gold) for a modest 5% profit.

I am taking a bath right now on my additional AUY (Yumana Gold). But I am holding strong.

Wednesday, May 20, 2009

Long (live) commodities

The dollar has broken. As I indicated before, that means commodities are off to the races.
Backup the trucks boys. Gold, Silver, Oil. All the good stuff. Why limit yourself to the physical commodities? The stocks are going bananas too.