This week in gold
Oct 15, 2007
GLD - remains on buy signal from 9/04.
SLV - back to buy signal this week.
GDX - back to buy signal this week.
XGD.TO - back to buy signal this week.
We were stopped out with profits last week, and we will wait
for set ups now that all of the ETFs are back on buy signals.
Investors holding core positions can also wait for new 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 13, 2007