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June 26, 2009 / Jeb

Faked Out of US. GOLD (UXG)

I was faked out of UXG as it broke the 50 day and was concerned of the double top.  The stock reversed and is breaking higher again on higher volume.  We are buying back in at 2.53.

I took a 15% stop loss to protect myself, but I refuse to let this one get away.

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