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This past week in gold

Jack Chan
Oct 13, 2008

GLD - on buy signal but still no set up yet.


SLV - on sell signal.


GDX - on sell signal.


XGD.TO - on sell signal.


Only GLD is on buy signal but we did not get a decent set up.

Risk management has kept us on the sideline and out of harm's way during the current extremely volatile market conditions. Cash is a position too and we will stay there until conditions improve.

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 11, 2008
Jack Chan

email: jack@simplyprofits.org
website: www.simplyprofits.org

321gold Ltd