May 19, 2006

Pisani rocks - IN REVERSE!

My last post marked a real good trade in Gold to the minute. I suck as a trader but PissANTi handed you the trade.

Gold, the metal itself has likely not bottomed but the stocks were so overdone and Pisani played backwards said : BUY GG CALLSSSSSSS.

Gold down 3 percents, but the stocks are now mainly green. I rarely day trade but I think we bounce around down here and am booking some profits and taking the kids to "Over the hedge"

Have a great weekend. By the way - I doubt the S&P holds much of the gains today as it just seems like fluff. I am still long a few puts.

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