Thursday, August 30, 2007

P&F bullish for Dow IND


Gold/XAU Ratio 4.86
Stop for gold stock trade is HUI 300



Will remain bullish for gold stocks if DJIA continues to rally--gold stocks have been lock step with the broad markets with this latest selloff.

Tonight I am back at Horseshoe Bay Texas for long weekend of golf and visiting with my sons and 4 grandchildren. I operated starting at 7:00 Am--finished before noon. It was a long drive today from Fort Smith--tough week--doctor hospital politics are rough and tumble with survival of the fittest--much like trading gold stocks.

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