Sunday, April 13, 2008

GE Plunges--I look for Gold and PM Stocks to Follow GE lower and then rally


Be patient. See this chart on public charts by Joe K. Reed


General Electric gaps down. I look for retest of January lows.
Gold and precious metal stocks will also test support-a sideways consolidation and then rally

On a personal note: Spent the weekend in Texas at my second home at Horseshoe Bay. I was able to play golf in the Masters MGA event--had a great time. My two sons and their families live in that area and it is our favorite gathering spot.

Tuesday, April 1, 2008

Buy signal for $INDU--GOLD PLUNGES

Gold may find a trading range for next few days but new lows down as low as 800 remains likely. Then load up with both hands PM stocks. REVIEW OUR BUY SELL SIGNALS FOR GOLD AND PM STOCKS. I THINK THESE SIGNALS ARE SOME OF THE BEST ON THE WEB. GOOD LUCK AND GOOD TRADING.