Editor’s Note: The percentage allocation shares in the ETF trade recommendation was incorrect. Below I have updated the trade to reflect the correct figure which is 200 shares not a percentage allocation. No other information has changed.
Issue #72
Dear Member,
| Recommendation:
1. Buy 200 shares of the DB Double Gold Long ETN, DGP, at $30.55 or better. When filled, enter a protective order to sell 200 shares of DGP at $26.63, stop, GTC. |
Gold’s has the potential to start another run higher. So please act on the above recommendation as soon as possible, but stick with my limit price.
IMPORTANT NOTE: Many of you are concerned about the addition of options trades to the service. Let me be perfectly clear: Options will be TINY portion of the service, probably less than 10% of total trading, perhaps even less.
Moreover, for any options trade I do, I will always give an alternate ETF to trade in.
So no worries. I repeat; options will be a TINY part of this service.
Best,
Larry
