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Wednesday, November 20, 2013
Quick Update on Gold - ahead of FED minutes
Market movement is strange today. ECB news is not enough to move the market but I saw a 16 points strange round trip. I guess there is something brewing.
I am still thinking of new high on SPX. I will hold long position as long as SPX 1780 holds. I am not confident on Gold. I bot GLD Jan puts 100% to hedge my long GLD.
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