Tuesday, December 7, 2010

December 7, 2010


I sold the GLD today so I could buy Amazon (AMZN) in my other account. As you can see in the chart it looks to be bouncing off of support. I wish I had caught it when it was bouncing off its 50 day SMA, but that's how it goes sometimes. I still want to be in gold, I just want a more aggressive play. I may buy a gold mining stock like AEM if I ever catch it on a bounce.

After yesterday the scoreboard reads:

Me 20.55%
S&P 9.69%

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