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Tag: GDX

  • OPNewsletter – May’09 (+9.48%), Jun’09 (Open)

    OPNewsletter closed May’09 for +9.48% x-commissions and +6.76% inclusive of commissions. As I stated earlier, after many months of waiting, we crossed our 60% portfolio investment target. It’s always an advantage if the capital was preserved. Yes we did have a few months of low returns, but that preserved capital is an out performance (vs…

  • OPNewsletter (Outperformance)- May’09 +6.1%

    Option Trading is equally useful to retail traders and can generate consistent income if used properly. Hope you enjoyed the free trade alerts for some earnings play (You may sign-up for the Basic membership that is free till Dec 2009) A Fantastic week for OPNewsletter! We played HAL, IBM, UPS and AMZN for earnings and…

  • Gold, Oversold

    Gold is oversold, that’s the theme of this post. Through yesterday, gold has been down and down, almost everyday since hitting high in Mid July’08.  Attached chart has a simple technical analysis and both RSI and MACD are in the oversold area. Each time we saw this low, Gold rallied approximately $70-$75 in following weeks.…