Thursday, January 27, 2011

Uranium miners - Ready for a Retrace

The uranium miners have held up pretty well so far, and have a bright year ahead of them, but the miners are now the most stretched to their 200 EMA and are either bumping the tops of channels or are showing some softness.  My intent is to double down over the next two months. These are my core holdings, and at core position size, I will sell call spreads to ease the pain, if they break down.

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