Friday, August 26, 2011
Trade Update: IAU
We were stopped out of our short position on IAU last night at $16.95, for a gain of $138. It was a good thing that we did because today the shares gapped up and are already trading at $17.40.
Let's see which way the wind blows before getting back in.
Short full IAU at $18.33
Stop at $16.95