GLL generating a sell signal on the short side also generated a buy signal on the long side. Today at the market open I bought some GDX at $28.70 which is the ETF fund for the Gold Mining Stocks. Chart below.
Thursday, August 15, 2013
At last a little action
At last a little movement in the charts. Yesterday at the market close I dumped GLL which was an ETF short of the gold market. I bought GLL back in Dec of 2012 when the price moved above the moving average line at $61.00. I sold out at around $89.00. Gain on the transaction is $28.00 a share or about 45%. Chart below
GLL generating a sell signal on the short side also generated a buy signal on the long side. Today at the market open I bought some GDX at $28.70 which is the ETF fund for the Gold Mining Stocks. Chart below.
GLL generating a sell signal on the short side also generated a buy signal on the long side. Today at the market open I bought some GDX at $28.70 which is the ETF fund for the Gold Mining Stocks. Chart below.
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