NEW RARE EARTH METALS ETF $REMX SENDS MOLYCORP $MCP AND RARE EARTH ELEMENTS $REE INTO RAREFIED TERRITORY
In anticipation of tomorrow’s launch of a Rare Earth ETF by Van Eck under the ticker symbol “REMX” Molycorp and Rare Earth Elements have strongly moved up. We will continue to take advantage of this up move by trading these two stocks in a manner described in the prior post to take advantage of intraday volatility.
If the stocks go much higher, we will continue to scale in our core short positions.
… Please click here or the title below to read more.
October 27, 2010