09Dec3:47 pmEST

Scaling Some Fast Gains; Chess Moves

unnamed As per my trades posted here yesterday, I sold 1/2 of DGP and 1/2 of NUGT, both long positions, levered to gold and the gold miners. I sold 1/2 of DGP at $25.37 from the $24.13 entry yesterday, moving my stop up to break-even. The position is now 2% of my portfolio. I sold 1/2 of NUGT at $14.45 from the $13.09 entry yesterday I blogged yesterday. My stop is raised to break-even and this is also now a 2% position. I like the action, overall, in the metals and miners today. Still, I am going to trade around them. More in my video market recap after the bell.

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