Rally is not yet over

April 20, 2009

At the last 10 minutes Friday April 17, HFU and UWM plunged lower with heavy volume. Frankly, I could not response in time. As trader, I play the swings. I don't mind to buy back even at higher price if I am proved wrong. I sold them this morning.

With other indicators went lower, the stock markets should pullback which is positive to gold. Let's see how the gold will perform since HBU is still at loss in my portfolio.