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| Symbol | Sector | Return | Exposure | Trades | Last Trade | Status |
|---|---|---|---|---|---|---|
| GLD | Equity Investment Instruments | 3.94% | n/a | 9 | 05-Oct-09 | Prior Holding |
25-Feb-09
A stock market gift?
Holding Rationale for GLD.
I believe the market gave me a gift yesterday as GLD, SLV, and the QID all pulled back to support areas. I took this opportunity to add on to GLD and SLV, and initiate a position in QID. Surges, like yesterday’s, are common in bear markets; and usually amount to “fakeouts” before continuing lower. BUT, one must always be on guard as new rally’s start when least expected.
Posted at 10:27 in Holding Rationales | Permalink | Top
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