Monday, March 18, 2013

GLD profits

Closed positions in GLD. Per my post [here] 155.78 looked like a good price to take profits and watch how GLD behaves from here. Counting waves, we are definitely in wave 3 so I do not expect an opportunity to ge on the train again maybe till 156.7x

Profits were handsome and about what I was expecting. I do not know if this is corrective or not so a bit quick in taking profits.

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