My view on the gold sector is still bullish, there is nothing that goes up forever and this is just a small retracement. As far as the stocks, as long as you keep a tight stop the potential is well worth the risk.
Archive for December, 2009
Gold Update and 2 Stocks to play (12-11-09)
Friday, December 11th, 2009S&P500 & Russell 2000 Futures Update (12-11-09)
Friday, December 11th, 2009Gold and Dollar Update (12-06-09)
Sunday, December 6th, 2009From what I can see, there was no change of direction on either Gold or the Dollar. The indicator and the patterns are still telling me that their direction is the same as before.
S&P Futures, Biotech, & Gold Update (12-01-09)
Wednesday, December 2nd, 2009We continue our way up to the upper range of the pattern, as far as Biotech sector it just brokeout so look out for those stocks in that sector, and as far as gold goes….it just goes UP!!!!