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Friday, June 21, 2013

Update - absence

Well, the past few months have been extremely busy for me.  I've been working on a little model for myself and I actually cut down my tracking to only four items:

  • IWM (Russell 2000 ETF)
  • GLD (Gold ETF)
  • SPY (SP 500 ETF)
  • GOOG (Google)
Google tends to be a market leader, so I like to see how markets are trading Google.  Gold is usually my inflation hedge, but the current lack of inflation is troubling for Gold right now.  SP500 hit an all time high, but volume was thin on the movement up.  Scaling into SPY long Puts would have been prudent over the past few weeks.  I'm attempting to revise my trading techniques - minimizing risk and taking 20-30% gains whenever possible.  

Starting today, I plan on posting more aggressively.  I'm not a pro trader.  I'm just a dude trying to save money.

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