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Two New Trades In LSI and GLD

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February 07, 2011 – Comments (0) | RELATED TICKERS: LSI , GLD

Towards the close of the day, I placed two new short setups one in LSI Corp (LSI) at $6.42 and the Gold ETF (GLD) at $131.74. The stops are tight on each, so if these trades go against me, the losses are minimal, but the reward much more. The setups themselves are explained in the charts. 

SHORT: LSI Corp (LSI)

SHORT: SPDR Gold Trust (GLD)

 

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