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

by Administrator on December 2, 2010

AEM (Agnico-Eagle Mine Ltd.) and NEM (Newmont Mining Corp.) created a profitable using the bampairtrading strategy. The net profit potential was $350 trading buying (AEM) at $83.89 while Shorting (NEM) at $61.21. Entered position at 12:05pm EST and exited at 12:45pm EST.

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