Tuesday, January 4, 2011

Sold Half of Palladium Position (Ticker PALL)

Sold 50% of my ~6% position in ETFS Palladium (ticker PALL) at $76.98, which is a 46% increase from when I established the long position on September 21.

Due to the large increase in the price of the security, I am selling to re-balance the portfolio and remove some volatility. I remain fairly bullish on palladium, but believe I may get a better price in the near future.

No comments:

Post a Comment