Gold is rolling over - 20100310

As I mentioned yesterday, it looks like Gold is softening up a bit here. It is starting to work off its overbought conditions on its daily charts. Depending on the timing and the trend of the overall market we may look to close out of our Bear Call Spread and Covered Call positions to lock in profits.

March Option Expiration Date is not this Friday but next Friday - 03/19 so Time value is running out on these Calls...which is good for us!   - Dennis Glore


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