Strategy, Approach and Statistics

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Thursday, January 26, 2012

Booked 61% Gains by Closing 4 positions

Closed:
- TXN spread for a gain of 17%
- SPY spread for a loss of (14%)
- SPY spread for a loss of (17%)
- RGLD spread for a gain of 75% (love it)

We are in 75% cash. I am worried about SPX spread which expires tomorrow. S&P closing below 1340 tomorrow should bring maximum  gains. I will watch closely. I like quite a few stocks but do want to chase them at this time.

Posted by at 7:14 AM

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