We recommended buying gold at $1825 and booked profits at $1975. We also recommended buying silver at $20.90 and booked profits at $23.40. Yesterday, we took a short position in the S&P 500 at 4390, the NASDAQ at 15160, the Russell at 1775, and the DOW at 34140. We covered these positions today and opened long positions in the same indices at lower levels. All prices quoted are spot prices.
We also took a short position in crude oil at $87.50 with a stop loss at $89.