Updated watchlist for Tuesday including January 2012 Leaps for Gold & Silver. We purchase Leaps as we have a long term bullish perspective on Gold & Silver. Seasonally both metals tend to move up towards the end of July. They dip in September/October and then move upwards again. until the end of December.
IRF got away from us. If came within 40 cents of our buy target. All stock strategies must have a stop loss. While a default is inevitable it is highly unlikely that it will happen on August 2nd. What's more likely is a deal will be done and it will all pass smoothly all be it with a little turbulance in the markets as a result of the uncertainty.
http://dl.dropbox.com/u/
Recommended Account allocation:
For conservative traders we recommend 5-10% portfolio allocation to options.
For more aggressive traders well some trade 100%. I still recommend keeping some Physical metal stored at home though.
Best Regards,
Robert McManus
IRF got away from us. If came within 40 cents of our buy target. All stock strategies must have a stop loss. While a default is inevitable it is highly unlikely that it will happen on August 2nd. What's more likely is a deal will be done and it will all pass smoothly all be it with a little turbulance in the markets as a result of the uncertainty.
http://dl.dropbox.com/u/
Recommended Account allocation:
For conservative traders we recommend 5-10% portfolio allocation to options.
For more aggressive traders well some trade 100%. I still recommend keeping some Physical metal stored at home though.
Best Regards,
Robert McManus
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