I don't care to hold on to options during potential corrections, I'd rather take the profit and reposition. GLD yesterday started losing downside momentum so I closed half the position at a gain, I'm going to close the remaining position and look to reposition on a bounce, whether intraday or longer.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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