The purpose of this blog is to provide a unique insight into trends that guide market prices. It is intended to educate and show you characteristics about the stock market, of which, the so called "professionals" have no clue. Traditional technical analysis is almost completely worthless and that is one of the main reasons for the creation of this blog. If you enjoy market analysis and information that you will find nowhere else, this blog is for you!
Thursday, August 15, 2013
Sold the remainder of Sept 26 GDX calls @ $3.50
If I owned the etf I would probably hang on to some. However, I expect the volume spike circled on the chart below will provide resistance for several days, possibly weeks. $29-30 could contain prices for the foreseeable future.
No comments:
Post a Comment