Position Cost Averaging

Hi PCA Fans,

Today we set up a GLD holding in our model portfolio and we are going to do something a little different this time.

With PCA starting out with a 50-50 split cash and shares you could "buy in" to a 60% decline or more with all that available cash.

I don’t think we have to worry about Gold falling 60% from here. Since Gold has fallen so far from the highs already we are starting out with only 100 shares of GLD and a 30% cash reserve.

Here are the details…

Here is the trade advice…

Here are the settings for this holding

And now we wait for the market to do something.

This entry was posted on Monday, August 11th, 2008 at 4:58 pm and is filed under Trading Commodity ETFs with PCA, Using the PCA Software, users. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.