Anyone daytrading Gold Stocks ?

what names do you make money in

NEM ( big cap )

or some of the smaller names traded on the
Nasdaq , NYSE ( or even Amex )?

 

you don't need to daytrade the gold stocks, they are in a bull market. Just buy the retracements.

 

drooy is fun to flip around too

 

Rangy

 

Traded 10K shares of little HL the other day for 6 cents. LOL

Seems like on the days they are moving there is almost always an opportuntiy because the 3-4 well known one's take off and then there is a delayed effect as the 2nd and 3rd tier one's follow.

How do you guys follow the actual spot price though? I have to click on kitco.com and just rely on HUI.X. LOL.

 

I don't think its absolutely necessary to follow spot gold if you only play the stocks, XAU and HUI are good enough.

 

Avalanche,

Go here for spot POG:

http://www.forex-markets.com/quotes.htm

and here for the chart:

http://www.netdania.com/ChartApplet.asp?symbol=XAUUSDOCOMPx|tenfore

Hope this helps.

 

check out BGO as a low priced volatile stock with plenty of liquidity.