Thursday, March 6, 2008

Alert : GDX IAU SLV

The volatility and volume in silver tells me that a temporary top is forming in the metals. I can go over things more thoroughly after the market closes, but for now we will close or hedge some positions.

Sell 25 SLV @ 200.00
Sell short 100 IAU @ 95.55
Sell to open 1 contract GDXCX @ $5.00

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