Friday, August 26, 2011

What a week!




What a week! Bernanke, Earthquake, Gold, Steve Jobs, Warren Buffett, Bank of America, Hurricane...I mean jeez!! The bears made a push in the last hour of trade but to no avail. There's a bid under this market and I'm looking to buy pullbacks as I've been saying for the last week.  Gold has put the screws to me today closing at $1822, but I stand by trade. I expect to see gold back at $1700 by the end of next week.

This is not a recommendation to buy or sell any securities. DAK was short GLD and long GLL at time of publication but positions can change at anytime. 

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