i really want to get into GLD, but since im gonna buy a couple thousand worth and hold for a swing, id rather it be between 150 (preferably) - but maybe as high as 155.
just not sure if its going back to that level...............
i really want to get into GLD, but im a bit nervous with the (USD) dollar rising from the euro falling, and it seems to be hitting gold and oil pretty hard.
BUT i also have been telling my self if GLD goes under 150 im gonna start a position.... really debating it right now, but thinking maybe watch since it might go lower with the problems in europe........ a lot of stocks have become cheap.
hmmm that makes sense. and im not ready to jump in for minners yet, id me more comfortable picking up a few thousand $ in GLD shares (since i dont do options right now).
i decided to keep watching anywayl. once i buy im mid/semi long, unless a stock gets a good pop i'll let it sit, otherwise its investment money (unless somethings come up and i decide to sell and use it)
yeah its not a day trade, but not mega long either. well see how it goes, if it drops below 145 i will double my position, if it runs up over 180 again ill prob sell my position. if it hangs around between for a while it will sit til i need the money.