Wednesday, August 10, 2011

Miners Breaking Out

I started buying miners last week with GDXJ, and the juniors were threatening for a week.  Today, they are breaking out.  Gold up, oil down, miners beat up makes for a low risk trade.  MACD and Moving averages are now confirming.  I also have some AEM, bought earlier, but underwater on it so far.

IAG, EGO, GDXJ, AEM, and NG are in my portfolio.

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