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This week in gold

Jack Chan
Oct 8, 2007

GLD - remains on buy signal from 9/04.

SLV - on sell signal as of 10/05.

GDX - on sell signal as of 10/03.

XGD.TO - on sell signal as of 10/02.


All of our trades were stopped out this week, with 15% profit on GDX, 10% on XGD.TO, 10% on SLV, and 6% on GLD. Investors holding core positions have stops at breakeven, and will add to positions when we have new signals and set ups.

We do not offer predictions or forecasts for the markets. What you see here is our simple trading model which provides us the signals and set ups to be either long, short, or in cash at any given time. Entry points and stops are provided in real time to subscribers, therefore, this update may not reflect our current positions in the markets. Trade at your own discretion.

End of update

Oct 6, 2007
Jack Chan
email: jack@simplyprofits.org
website: www.simplyprofits.org

321gold Ltd