Seeking Alpha
  • Ocean Man
    $GLD under $156. $NUGT down 8%. Thinking about buying some $AUY. Maybe.
    2/15/13
    Reply (15)
    • det9: OM: I already have $AUY and $NUGT. Thinking about substituting $NUGT with $GLD. You still holding $UVXY ? My mental stop is @ 9.40
      2/15/13
    • Ong Kang Wei: Considering $GLD too. Inform us when u make a decision
      2/15/13
    • ksualum98: What's your feeling on $MUX? Used to be good for a short term trade, but seems to not have found a bottom.
      2/15/13
    • neobliviscar: I started buying too early ystrday. Cost basis is about $157.5 in $GLD. This seems a bit goofy dip, but I'm less confident in $GLD than $SLV
      2/15/13
    • Will Erlandson: I put on a 2:1 pair of long $GDX / short $GLD yesterday. Haven't had great luck with GLD in the past, but the pair is a safer play for me.
      2/15/13
    • djamison: Got some AUY shares yesterday, think I brought it the wrong time !!
      2/15/13
    • Ocean Man: I don't know MUX. I will look into it.
      2/15/13
    • djamison: What about AUY shares? Your input on this ?
      2/16/13
    • Ocean Man: I like AUY best of the miners. Its price is low now, just need to get a feel that they're done dropping.
      2/17/13
    • jvix: What about $GLD around 150? Seems like a good place to buy.
      2/17/13
    • Ocean Man: I agree with that too.
      2/17/13
    • djamison: Should I take a chance and buy more or let it ride for now !!! AUY ?
      2/20/13
    • Will Erlandson: I turned my long GLD put spread into a condor in case of a pause or reversal here. Locks in gains, and can adjust as needed.
      2/20/13
    • Will Erlandson: Took off the pair trade for a small gain. Condoring the GLD put spread milked another dime per 1-lot on a day when the ETF was up.
      2/21/13
    • Ocean Man: Nice outperformance by AUY today.
      2/21/13
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