Friday, May 29, 2009

GOLD RUSH!!



Gold is looking strong, and my calls will likely explode higher this morning. It seems like it's only a matter of time until gold exceeds 1000. I currently own July 93 calls, so hopefully I will have enough time to enjoy some significant upside. Other than that, the market is chasing its tale and going no where. Looks like a quiet Friday on the trading front, and the end to a very quiet week. Until we break out of this trading range, it seems we will continue to whip between 880 and 930.