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SPDR Gold Shares Message Board

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  • cmegladon cmegladon Nov 18, 2010 6:37 PM Flag

    is Paulson and Soros selling into strength?

    You guys haven't a clue.
    Look at the recently reported new quarterly holdings, came out November 15th.
    Paulson added to his position.
    Soros added as well.
    Look at Bloomberg, not CNBC.

    • jpman999 Nov 18, 2010 9:20 PM Flag

      Investors are always adjusting investments. It's prudent to take some off the table when it goes too far too fast, thus overbought. I took 25% off the table when gold got close to 1400, and put some back on when it got close to it's support at about 1330. I buy and sell GLD call and put options, based on the technicals of the market. I also protect myself with out of the money put options in the futures market. You can't expect people to not take some off the table with a double in 2 years.

    • dont bother that stupid shorty is always throwing the little money he has away

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