Seeking Alpha
  • Ricardo Espinosa
    Looking at GLD or SLV long vs. SSO or SPY short, first 2 looking better since Euro´s chart looks good for commodities for April.
    3/14/12
    Reply (10)
    • Josh Krause: Might wait till the 19th to allow for all of the CDS preparation selling to take place. Friday would probably be a good place for it.
      3/14/12
    • Josh Krause: If you believe the sell off to be due to margin calls in Europe and banks raising capital to meet CDS calls.
      3/14/12
    • Husky Financial: I personally like UGL long w/ small positions in VXX calls and SPY puts
      3/14/12
    • Ricardo Espinosa: Nice, I´m going into GLD today, a couple hundred calls, 160, 161 and 162.
      3/14/12
    • OneLongTrade: GLD broke below 50 week moving average on the weekly chart for the first time since briefly dipping below during April 2009.
      3/14/12
    • Ricardo Espinosa: Hmm just saw that, weekly chart says down, daily says up, I´m just playing the rebound, not more than 2 weeks.
      3/14/12
    • OneLongTrade: Yep, keep those stops tight! Good luck!
      3/14/12
    • Ricardo Espinosa: No stops for me, "mental" stops only, and it looks like I might need luck catching this knife lol, thanks!
      3/14/12
    • Josh Krause: I didn't think I would see $26 Silver again this year. At this pace, I might just get another chance at it. $1500 gold would also be fun
      3/14/12
    • OneLongTrade: On the daily chart, we're at the lower BB, should see a bounce in the next week or so.
      3/14/12