Dienstag, 18. September 2012

GOLD and GOOG - THE SKY IS THE LIMIT!!

Today i closed my postion with a nice gain against the SPY.



I see the bears going to be defensive so i opened the next position and of course as a Bull!

Well the first one is GLD or Gold.. It looks very bullish and it seems to rise higher.

Entry for GLD is a ETF position and some 175 Oct. Strike Calls @ 2.07 according to the ETF.

The GLD ETF is  bought @ 171.50

The next one is GOOG. I think there`s not a lot to say. The Fibo Fan looks normal and it could outperform.

 Price: 21.15 for the 720 Oct Call and additionally i took some shares of them.


THE SKY is the Limit, and its limitless!