Crash,
I don't understand your thinking...
If you are sure GXY will go up at some point sooner or later (and I think everybody here thinks this way) why not buying now, or when was at the bottom? Why wait for the reversal confirmation and buy at 52-54c? Do you have your money somewhere else? If you have them in a bank I don't understand your logic. Unless you take profit both ways; when is going down and when is going up.
GXY Price at posting:
47.5¢ Sentiment: Hold Disclosure: Held