Thursday, May 5, 2011

Trade Update: GLD

We entered GLD long in Feburary @ $136.59 and at $135.51 and were stopped out earlier today at $145.45.

This trade was a continuation of the trade. We initially entered GLD long at $91.47 and were stopped out @ $131.25$.

2-22-2011:
Buy 1/2 GLD @ $136.59
Stop @ $145.45

2-18-2011:
Buy 1/2 GLD @ $135.51
Stop @ $145.45

For those of you trading this keep an eye out. We will look to reenter above $145.00.

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