Pair Trade Pick: Agnico-Eagle Mines Ltd. (AEM) and Newmont Mining Corp (NEM)

by Administrator on November 26, 2010

AEM (Agnico-Eagle Mine Ltd.) and NEM (Newmont Mining Corp.) created a profitable using the bampairtrading strategy. The net profit potential was $270 trading shorting (AEM) at $77.42 while buying (NEM) at $58.40. Entered position at 11:55am EST and exited at 1:10pm EST.

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