jhu, at the moment I believe he is more focused on shorting the market, however he is also aware that many subscribers are not set up to short the market, perhaps his recommendations are driven by his clients, yes the last spear trade was a dog, but this was unusual for him, it all hinged (in my opinion) on the Gold price increasing rapidly and the company doing what it said it would and that did not happen.
There will always be a higher risk in the Spear trades but the potential upside is generally higher.
After being hurt in the earlier spear trade I will just monitor the volumes for this one for a while now it seems everybody has climbed aboard.
Good luck to all
GXY Price at posting:
20.0¢ Sentiment: None Disclosure: Not Held
