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Robert Weinstein
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Follow me on https://twitter.com/#!/RobertWeinstein Let's connect on Linkedin http://www.linkedin.com/pub/robert-weinstein/12/129/651 Contributor to Rocco Pendola's weekly Options Investing newsletter for $29.99/month: http://www.paid2trade.com/pendola-stock-option-newsletter?s=robert Robert... More
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  • ***** update ****** for trading results 8/5/11 0 comments
    Aug 6, 2011 8:49 PM

    ****************** update **************************


    Gold has been up 124 months in a row according to kitco's Frank Holmes.

    This has been bothering me since I wrote it.  It didn't seem to add up from what I remembered and so i went back and took another look.  here is the link and the sentence.


    "Gold has now increased for 124 months straight, says Deutsche Bank."
    www.kitco.com/ind/Holmes/holmes_aug03201...

    I am only looking at the GLD chart and going off my memory but I am going to say that is flat out wrong.

    I remember the first push back from $1K and before that at $600 when I last bought.

    Regardless,  I believe gold is extended and due to pull back.

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  • Out $AMZN $250 puts. Typical bread and butter buy the rumor sell the news trade.
    Sep 6, 2012
  • I guess no one gave a memo to the buyers of $AMZN that the Kindle isn't going to make money and the PE is at nose bleed levels.
    Sep 6, 2012
  • Shorted $AMZN via buying $250 puts
    Sep 6, 2012
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