Friday, September 2, 2011

Holding off...

Personally I think prices are cheap, but I'm holding off on anymore buying for now as things may get a little worse on Tuesday. I may pick at a little more Oil Service Holders (OIH) before the end of the day but that's about it. My Spyder Gold Trust (ETF) calls are working out nicely and I intend to hold them until gold reaches $1900 which I think happens Tuesday.

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

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