Not looking too good here on the daily chart. Death Cross of the 25EMA down over the 50MA, and the price closing below the 200MA twice. Ugh.
I normally decide about 30 days prior to Expiration (before the Rapid Time Decay kicks in) about closing a position for a loss. That gives me 2 more months to squirm in my seat!
Calling all Hedgies! Buy AUY now!
It just might be.. especailly when earnings comes out 1st May.
Earnings Announcement for AUY was a non-event. Oh well...
So I closed out the position and ate the loss. Wasn't too bad.
Put the remaining funds into LTD, which has been trending nicely as of late.
And so it begins again...
