jschulmansr SLV also boought SEPSLV $40 calls at same time sold SEPGLD $175 puts and bought SPY $116 Puts- will let you know when I get out or add
8/25/11
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jschulmansr WOW what a day- Sold all the rest of my GLD puts this am for another massive gain- later bought SEPSPY $116 puts as SPY went negative
8/25/11
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jschulmansr GLD- Think GLD wil open up- then fail- drop some more and test the $160 support levels. Depending on action then will act and let you know
8/24/11
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jschulmansr Took profits at 2nd dip for GLD when SPOT Gold was down $106.00 on 1/2 position, as expecting some more selling follow thru.
8/24/11
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jschulmansr Continue to hold SEPGLD puts will let you know when I take profits-hit the timing perfectly -hope you traded with me!
8/24/11
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jschulmansr okay a little early on SPY goingdown was stopped out yesterday at 15% loss on SPY puts-however on GLD WOW!!!
8/24/11
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jschulmansr looking for drop in SPY tomorrow- Gold to open higher and then crash-retrace - we will see...
8/22/11
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jschulmansr ps- did make small 10% net profit after commissions on difference between exit of SPY and re-enter on top of nice 30% over weekend profit
8/22/11
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jschulmansr SPY what I actually did was close my $ SPY $112 puts at the lows today and then re-opened at close of market today so in essence just held
8/22/11
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jschulmansr okay sorry GLD insurance puts in place-if market starts drop will also add GLD $175 Sep puts
8/22/11
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jschulmansr Gold is getting ready to take a normal market breather/correction -have my insurance puts aleady in place Sep $160 and $159 puts,
8/22/11
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jschulmansr Closed my Gold Calls today and Held my Sept 112 puts.
8/22/11
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jschulmansr Sideways Fri- Howver did roll over positions into Sept. Have Sept GLD $185 Calls and SPY Sept $112 Puts.
8/19/11
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jschulmansr Remember- I was telling people Gold was going to $1500-$1800oz back when Gold had dropped back to $680oz! Anyways I'm back again on Alpha!
8/18/11
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jschulmansr However to be clear currently I am bearish on the SPY and uber bullish on GLD.-
8/18/11
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jschulmansr Now as safety precaution I have done this for GLD -I have taken insurance postion of GLD $160 SEPT puts in case bottom drops out of GLD
8/18/11
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jschulmansr Next, in adition I will roll over my position into Sep SPY PUTS and GLD CALLS. Will let you know which ones when I do.
8/18/11
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jschulmansr Currently am short SPY with Aug $118 puts and long GLD with AUG $171 and $171 calls. I will be taking my profits later today
8/18/11
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jschulmansr Okay finally sttled and moved in with Internet access again. I've been ringing the bell in profits especially last 3 weeks with GLD and SPY
8/18/11
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jschulmansr GLDSLVUSOSLV - will update you tomorrow when I move - i.e. take profits andmaybe reverse position. Will update all targets tomorrow also
jschulmansr