I HAVE A SMALL POSITION IN (SSO)
REFLECTS: (200%) the daily performance of the S&P VERY SIMPLE : IF WE HAVE A MARKET RALLY
SSO WILL DO WELL, BUT “JUST IN CASE” I SOLD COVERED CALLS (MARCH, AT $16.00 STRIKE PRICE)..
IF YOU DO WHAT I DO YOU COULD LOOSE MONEY. ACTUALLY, IF YOU DO JUST THE OPPOSITE OF WHAT I DO YOU COULD MAKE MONEY..OH WELL MAKE UP YOUR OWN MIND…
GO FOR THE GOLD
MY FEELING IS “GOLD” IS GOING TO TRADE IN A
CHANNEL BETWEEN $895.00 AND $1000.OO
AN OUNCE. RIGHT NOW I DO NOT HAVE A GOOD FEELING ABOUT THIS TRADE SO AM JUST STAYING AWAY.. MAYBE I WILL WATCH