Monday, February 23, 2009

GLD/SLV sales

I think that GLD and SLV have topped out so I sold them both this morning. Too bad since I really just wanted to hold these as something with real value. Now I'm holding almost all cash and I have no idea what to do with it. I almost bought some IBM this morning, but after looking at the chart and seeing that it had hit 67 back in december I think it still has some downside from it's current 86.77. I'll probably regret that, but this market just has me spooked.

SLV sold at 14.36
GLD sold at 97.68

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