You are 1000% right! GLD is as slow as a grandma. It has no trading value. That's why I don't like GLD. Gold has been climbing up, but GLD is still around $93.
wang-lao-wu(钻石王老五)
I trade financial stocks such as GS (Goldman Sachs), BSC(Bear Stern), and MER (Merrill Lynch), and they can jump or plunge $2-7 within a single day.
浆糊, Except for gold futures, what's the best trading vehicle for GOLD? I see so many people are haning on GLD here, but I am not happy with its price actions.
-wang-lao-wu(钻石王老五);
2008-2-26(#24369@43)
You are 1000% right! GLD is as slow as a grandma. It has no trading value. That's why I don't like GLD. Gold has been climbing up, but GLD is still around $93.
-wang-lao-wu(钻石王老五);
2008-2-27{149}(#24431@43)
I trade financial stocks such as GS (Goldman Sachs), BSC(Bear Stern), and MER (Merrill Lynch), and they can jump or plunge $2-7 within a single day.
Don't regret. Agricutural stocks such as MOS and POT can clims $4-8 within a single day, but GLD has only $1-2 intrday movement. Maybe because there are two people hanging on GLD
-wang-lao-wu(钻石王老五);
2008-2-27(#24432@43)