CAT

I am short CAT and I have also sold weekly covered PUT 92 for 0.24. I do it every week to reduce the loss. I know I am also limiting my profit. Consider that as a kind of stupid stop loss or damage control :)
 
Ya gotta look at percentage moves.
GLD is not a money making trade up or down.
If you want to play gold long, you need a pure play.
Not my forte or I'd offer one up.
If you think a crash is looming and you want to play an ETF, use VXX call options on an up (market) day. $27.68 as I type. Note however, this would be a very very short term play. Nature of the beast. It decays.
 
I am long GLD, AMZN
Short CAT, MMM, SBUX, ADI. Not that they are weak stocks. I believe they will retreat from their current levels.Simply they are overvalued.
 
vanzandt said:
Ya gotta look at percentage moves.
GLD is not a money making trade up or down.
If you want to play gold long, you need a pure play.
Not my forte or I'd offer one up.
If you think a crash is looming and you want to play an ETF, use VXX call options on an up (market) day. $27.68 as I type. Note however, this would be a very very short term play. Nature of the beast. It decays.
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I am not expecting a crash although it might happen. I am expecting a 4% selloff. I am not expecting a big move on GLD to make money. Just $1 in 3 days would be fine.
 
$CAT update this stock is still setup for much higher chart plan explains key points. confirmation is key
original_68087716.
 
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