Broadcom Corp (BRCM) SHORT at 30.18 (Order size: 5,000) KLA Tencor Corp (KLAC) LONG at 38.96 (Order size: 8,000) Altera Corp (ALTR) SHORT at 20.58 (2,000)
Hey 7thdim, Some of your shorts are in at or near 52 week lows. In addition,the XAU has had a 20% drop in 8 weeks.Technically we should see a rebound.My charts and stats also indicate there will be a 8% to 10% rise in the XAU in the month of May, perhaps a little more.Its happened the last two years,regaurdless of last years rate hikes.However if the cycle is repeating,the XAU will give back most of these gains by mid June.It seems as though you're not that familiar with the stocks you're shorting,in paticular,CBJ,CDE,GG,GSS,& long HMY.Goodluck.
You are fully right about your XAU analysis. We have to wait and see what will happen for the next few weeks on all our holding positions. Currently it is not going good, however we trust our network we know it will give us at least %300 yearly returns in the long run.
Closing positions: Agnico-Eagle Mines Ltd (AEM) SHORT at 13.32 (Order size: 400) closed at 13.40 Mines Management Inc (MGN) SHORT at 4.69 (Order size: 2,000) closed at 4.60
Total profits & holding positions Holding positions : Silver Standard Resources Inc (SSRI) LONG at 11.68 (Order size: 4,000) Compania de Minas Buenaventura SA (BVN) SHORT at 21.06 (Order size: 175) Canyon Resources Corp (CAU) SHORT at 0.67 (Order size: 7,000) Cambior Inc (CBJ) SHORT at 1.85 (Order size: 500) Coeur D'Alene Mines Corp (CDE) SHORT at 3.19 (Order size: 1,350) Goldcorp Inc (GG) SHORT at 12.90 (Order size: 150) Harmony Gold Mining Ltd (HMY) LONG at 7.07 (Order size: 600) Golden Star Resources Ltd (GSS) SHORT at 2.60 (Order size: 2,200) Hecla Mining Co (HL) LONG at 4.71 (Order size: 1,000) Kinross Gold Corp (KGC) SHORT at 5.06 (Order size: 300) North American Palladium Ltd (PAL) LONG at 6.25 (Order size: 800) Royal Gold Inc (RGLD) SHORT at 17.11 (Order size: 900) Stillwater Mining Co (SWC) LONG at 8.10 (Order size: 6,300) Schnitzer Steel Industries Inc (SCHN) LONG at 27.42 (Order size: 8,900) Apex Silver Mines Ltd (SIL) LONG at 14.63 (Order size: 3,000) Placer Dome Inc (PDG) LONG at 14.65 (Order size: 50) Meridian Gold Inc (MDG) SHORT at 15.05 (Order size: 200) Williams Companies Inc (WMB) SHORT at 17.01 (Order size: 500) Schnitzer Steel Industries Inc (SCHN) LONG at 27.65 (Order size: 500) Align Technology Inc (ALGN) SHORT at 8.23 (Order size: 2,000) VIISAGE TECH INC (VISGE) LONG at 3.39 (Order size: 600) Fuelcell Energy Inc (FCEL) LONG at 8.34 (Order size: 600) Power-One Inc (PWER) LONG at 4.59 (Order size: 300) The AES Corp (AES) LONG at 16.58 (Order size: 400) Merck & Co Inc (MRK) SHORT at 33.45 (Order size: 200) AMR Corp (AMR) SHORT at 10.13 (Order size: 200) Broadcom Corp (BRCM) SHORT at 30.18 (Order size: 5,000) KLA Tencor Corp (KLAC) LONG at 38.96 (Order size: 8,000) Altera Corp (ALTR) SHORT at 20.58 (2,000) Last closed : Parallel Petroleum Corp (PLLL) SHORT at 8.12 (Order size: 300) closed at 7.38 Balance : $6,117 (old profit total) + 222 (last trade profits) = $6,339 (current total profit)
Closing positions: Coeur D'Alene Mines Corp (CDE) SHORT at 3.19 (Order size: 1,350) closed at 2.94 Williams Companies Inc (WMB) SHORT at 17.01 (Order size: 500) closed at 16.90
Holding positions : Silver Standard Resources Inc (SSRI) LONG at 11.68 (Order size: 4,000) Compania de Minas Buenaventura SA (BVN) SHORT at 21.06 (Order size: 175) Canyon Resources Corp (CAU) SHORT at 0.67 (Order size: 7,000) Cambior Inc (CBJ) SHORT at 1.85 (Order size: 500) Goldcorp Inc (GG) SHORT at 12.90 (Order size: 150) Harmony Gold Mining Ltd (HMY) LONG at 7.07 (Order size: 600) Golden Star Resources Ltd (GSS) SHORT at 2.60 (Order size: 2,200) Hecla Mining Co (HL) LONG at 4.71 (Order size: 1,000) Kinross Gold Corp (KGC) SHORT at 5.06 (Order size: 300) North American Palladium Ltd (PAL) LONG at 6.25 (Order size: 800) Royal Gold Inc (RGLD) SHORT at 17.11 (Order size: 900) Stillwater Mining Co (SWC) LONG at 8.10 (Order size: 6,300) Schnitzer Steel Industries Inc (SCHN) LONG at 27.42 (Order size: 8,900) Apex Silver Mines Ltd (SIL) LONG at 14.63 (Order size: 3,000) Placer Dome Inc (PDG) LONG at 14.65 (Order size: 50) Meridian Gold Inc (MDG) SHORT at 15.05 (Order size: 200) Schnitzer Steel Industries Inc (SCHN) LONG at 27.65 (Order size: 500) Align Technology Inc (ALGN) SHORT at 8.23 (Order size: 2,000) VIISAGE TECH INC (VISGE) LONG at 3.39 (Order size: 600) Fuelcell Energy Inc (FCEL) LONG at 8.34 (Order size: 600) Power-One Inc (PWER) LONG at 4.59 (Order size: 300) The AES Corp (AES) LONG at 16.58 (Order size: 400) Merck & Co Inc (MRK) SHORT at 33.45 (Order size: 200) AMR Corp (AMR) SHORT at 10.13 (Order size: 200) Broadcom Corp (BRCM) SHORT at 30.18 (Order size: 5,000) KLA Tencor Corp (KLAC) LONG at 38.96 (Order size: 8,000) Altera Corp (ALTR) SHORT at 20.58 (2,000) Last closed : Coeur D'Alene Mines Corp (CDE) SHORT at 3.19 (Order size: 1,350) closed at 2.94 Williams Companies Inc (WMB) SHORT at 17.01 (Order size: 500) closed at 16.90 Balance : $6,339 (old profit total) + 392 (last trade profits) = $6,731 (current total profit)
Closing positions: Canyon Resources Corp (CAU) SHORT at 0.67 (Order size: 7,000) closed at 0.654 Cambior Inc (CBJ) SHORT at 1.85 (Order size: 500) closed at 1.74 Goldcorp Inc (GG) SHORT at 12.90 (Order size: 150) closed at 12.85 Royal Gold Inc (RGLD) SHORT at 17.11 (Order size: 900) closed at 17.65 Meridian Gold Inc (MDG) SHORT at 15.05 (Order size: 200) closed at 15.16
New positions: ALCOA Inc (AA) Long at 27.61 (Order size: 8,000) Texas Instruments Inc (TXN) Short at 26.42 (Order size: 8,000)