Hot Option Plays: Gold Still Under Pressure
Posted on March 21, 2012 at 15:24 PM EDT
Cusick’s Corner 03-21-2012 This is a flat market with low volatility, bonds coming off the lows, and commodities firming. So what to consider now? Trim. What I mean is trim risk — mitigate risk, shore up size and capital. This is a market that is a tough read until you can get better transparency. Gold, [...]

Cusick’s Corner 03-21-2012
This is a flat market with low volatility, bonds coming off the lows, and commodities firming. So what to consider now? Trim. What I mean is trim risk — mitigate risk, shore up size and capital. This is a market that is a tough read until you can get better transparency. Gold, GLD, has firmed up but is under pressure. I want to see if this Gold market comes under additional late day pressure and some further downside. See you Midday.
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