Update: Going long Gold and VISN, short ZION
Posted on August 18th, 2008 in Stock Market |
Gold was slammed hard on Friday on strong volume. This looks like a blow out. I am taking a small long position in the GLD at $78 which is a gold ETF.
I also like VISN and bought at $18.40.
I’m short ZION (bank) at $28.00 from Friday.
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