Monday, November 23, 2009

Update 11/23

Both gold and copper shot up this morning, then pulled back and finished near the session lows, with another pullback likely coming tomorrow mornin, and all this despite the USD falling again. So, I'm going to pull out of both OCMGX and my copper contract... OCGMX wound up at 24.79, for a profit of $223 and my copper closed at 3.125, for a profit of $437.50, bringing my total up to $11,027.50. I'm going to put in the order to "buy" copper again if it gets to $3.14, with a goal of $3.18 and a trailing stop of two cents just in case this is just a one day pullback. I'll "sell" any drop below $3.00

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