Tag Archives: sso
Busy, busy, busy…DJP, GLD, FAS, ETCETC
Posted on Jan 21, 2010 by WHC Bassetti.
1
Busy… (cf. Vonnegut and Bokononists). The brokers were glad to see us coming. We took profits on a bunch of stuff, ranging from 10 to 20% in DJP, SSO, GLD, DIA, QQQQ.
We hedged part of our gold positions with GLL (short gold) and our index positions with SPXU.
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Noted technical analyst WHC Bassetti has over 40 years' experience in the financial markets and is Malcom S.M. Watts III Adjunct Professor of Finance and Economics at Golden Gate University. He is editor of the Ninth Edition of Technical Analysis of Stock Trends, widely considered to be one of the true classics of market analysis.
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