This week in gold

Jack Chan
www.simplyprofits.org
Nov 19, 2007

GLD - sell signal this week, ending our buy signal from early September.

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SLV - sell signal this week also.

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GDX - sell signal this week.

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XGD.TO - sell signal this week.

Summary
GLD was stopped out flat this week while other positions were stopped out flat last week, avoiding the big sell off this week. We shall now wait for new signals and set ups as long as the configuration remains bullish.

Investors continue to hold core positions from our August buy signals.

Disclosure
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

Nov 17, 2007
Jack Chan
Archives
email: jack@simplyprofits.org
website: www.simplyprofits.org

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