Archive for December, 2008

Webinar by Tom Sosnoff from Think or Swim on “Samples of 10 trades all under $1000″

Posted on December 23rd, 2008 in Stock Market | No Comments »

Thinkorswim’s Tom Sosnoff sets up samples of 10 trades (equities, ETFs and options) all under $1000 and talks about the strategy behind them utilizing thinkdesktop. Click the image below to view webinar.
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Gold punished, but going back up - Long DGP and UYG

Posted on December 8th, 2008 in Long Trade | 2 Comments »

Gold was punished this week with the strength of the US dollar but that will be short lived. Gold prices went down but could not close below the breakout on Nov 19, see the chart below of the DGP (2x Gold ETF). On Friday I bought DGP at $13.20 and heading up to $16.46. I also have positions in AEM, RGLD, GOLD.

Also the financials XLF got inside the range on Oct 10 by closing over $12.79. The XLF should now make a run up to $16.53 and maybe up to the next swing high of $17.87. I am long the UYG (2x XLF RTF)

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