This past week in gold
Oct 27, 2008
GLD - on sell signal.
SLV - on sell signal.
GDX - on sell signal.
XGD.TO - on sell signal.
All four ETFs remain on sell signals.
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 26, 2008