September 2, 2011

LIGHTENING UP ON GOLD (GLD) AND SILVER (SLV)

In view of the three day weekend, we are concerned about short covering this afternoon and on Monday in Europe and Asia. Our plan is to lighten up a little bit. We will exit the tranche on GLD from this morning entered at $182.10 right here at $182.45. We will also exit the tranche on silver futures (SI) from this morning right here at $42.92, equalent in silver ETF (SLV) is $41.80. We will maintain the rest of the short position.… Please click here or the title below to read more.

September 2, 2011

INITIATING A LONG ON JDS UNIPHASE (JDSU) AS A SYMPATHY PLAY WITH FINISAR (FNSR)

Fininsar (FNSR) reported better than expected earnings and gave better than expected projections. We are initiating a long position in JDS Uniphase (JDSU) as a sympathy play to Finisar. Our entry in JDS Uniphase is at $12.82. The plan is to add more to JDS Uniphase if it goes down.

Detailed guidance is being provided on the Real Time Feed of the ZYX Buy Change Alert.… Please click here or the title below to read more.

September 2, 2011