Thursday, April 20, 2006

Gold in freefall

Closed out the Newmont trade for $500 loss. Not loving it as I was up $700 yesterday - but that is the beauty of leverage at work. I will hang around in OXPS through tomorrow and maybe make a little back. We will see. Taking loss is so hard - but I guess practice is perfect - and it was foolish not to take it earlier today when price movement that was expected did not develop.



Best regards,

BG

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