Posts Tagged ‘double gold’
Gold, Where Are We Now?
On October 14th I mentioned that shorting gold might be a good idea. Although I didn’t participate in this trade, I mentioned the setup was there. Why I didn’t get involved in this one? Funds wrapped up in my previous ideas + funds settlement hell. From October 14th 2008: Where we are now: Well we …
Now Everyone Is Hot To Trot On Gold
Note: This was supposed to be posted late last night…. When I said, “I also like GLD here and may be picking some up. Fuck it, forget the GLD and go for the double gold ETN DGP.,” I wasn’t kidding. DGP is up 31% since that comment. Now Cramer mentioned Gold tonight as a reco …
Posted by StockRake on September 17, 2008 in Gold Stocks
If Two Days Ago Was Great, Today Was Redunkulous
Posted @ 10:36 am “Its likely though the fear will materialize today.” NDX 5.31% = 10.6%+ for double beta inverse funds and inverse etfs. RUT = 9.6%, SPX = 9.4%. I’ve been trading the double beta Rydex funds much longer than the QID and QLD have been around and this was one of the best …
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