A Rally is a Rally…Selling some SPY and GOLD
- Posted by Howard
- on November 23rd, 2007
This one is SO WEAK as per stocks so far so I will sell most of my Spyders (SPY) and some of my gold stocks, specifically, GOLD, GLD and PAAS which have run silly. If we continue higher on the indexes, the stocks will play catch up to this index bounce.
I think the metals just continue but these go down so fast as well.
Book it Danno.
Disclosure – Long a few SPY now and GOLD, PAAS and GLD
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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Born in Toronto, lived in Phoenix for 20 years and now in Coronado, CA with a loyal wife (15 years, 14.2 Canadian years), two awesome kids and a dachshund. My current start-up is called Stocktwits and I am a co-founder and CEO. More »
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