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This week in gold

Jack Chan
Oct 22, 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.


Only GLD remains on a buy signal. The flip flop of the past two weeks did us no harm as we waited for set ups which did not materialize.

Investors continue to hold a core position in the sector with stops at breakeven.

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 20, 2007
Jack Chan
email: jack@simplyprofits.org
website: www.simplyprofits.org

321gold Ltd