Gold is Pulling Back. IYR and UWM Up
Posted on February 27th, 2009 in Stock Market |
Gold has has been strong the last few months and it’s time to pullback to the $850 price. I sold almost all my gold stocks and will wait for this to pull back.
Commercial real estate IYR looks good to buy. I bought the URE which is the 2x long for a trade.
Russell small caps are read, I bought the UWM, wants to trade into $20 range.
One Response
Yeah I was disappointed to see Gold pullback. I guess everything revolves around the news these days.
Thursday will make or break these markets.