Thursday, April 2, 2009

Trading Update...including Gold

A few days ago, I bought puts on my gold holdings and that seems to have been a good idea. They were purchased with profits made from my Zion Bank short a while ago. Obviously, they are doing quite well as Gold has been pounded (but still within $892 oz. support.) Exact figures later.

Meanwhile on the currency front, I traded against the Yen like a crazy fool and made a lot of money...however, and a big however, I still am short 4 lots Euro/Yen and down big, even though they will recover...see analysis later. Here is the updated statement. Again at an all time high. (I am also up about $3700 on my puts.)

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