Tuesday, October 25, 2005

What the heck?

Gold is actually up quite a bit this morning. Too bad i don't really have any gold positions left.....;)
Actually the only remaining one I have is acting nicely, although I can't say the same for the XLF. I need to take a look at some longer term charts and try to figure out where the XLF could go if it breaks out. I think it could be great to redeploy any gold profits back into the XLF short depending on how high it moves here. Again 11/1 fed meeting should be key.

Regards,

BG

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