Just bought Wall Street Rolling at 10287; will close position just before the close of business on X-Mas Eve – confidently banking profit.
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I bought some Jan. gold puts on today’s bounce.. Dollar strength should continue if first-week US economic numbers are strong.
Consumer staples were notably weak today.. some of them may have been ex-div, but it looks like dollar strength is catching up with them too.
The bet is currently up 180 points, underpinned by good housing numbers; will stay in until X-Mas Eve as planned.
All that glitters is not …..
http://www.marketwatch.com/investing/future/future-us-gold
I might stack up some January Gold when it goes beloow 1000
Gold Futures fall to lowest level in seven weeks http://www.marketwatch.com/story/gold-edges-lower-after-us-gdp-data-2009-12-22
Position closed at 17.12 London time, with Wall Street Rolling trading at 10.516, for a gain of 229 x stake.
http://www.springerlink.com/content/t6105533t10027m8/