Thursday, September 9, 2010

Getting Short

I am about 25% net short as of now. I really like the how the miners have been unable to make new highs. I am gonna look for this trend to break before adding to my short position. I feel like GDX could make a new nominal high for the year.

Going to sell september TBT calls if we have major strength today for TBT. Looking at the $33 dollar september calls

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