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Holding: GDX

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Symbol Sector Return Exposure Trades Last Trade Status
GDX Equity Investment Instruments n/a  n/a 0  14-Jan-08  Prior Holding
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10-Aug-08

Gold & Silver Trading Signals - 08/10/2008

Holding Rationale for GDX.

GLD streetTRACKS Gold Trust Shares on Sell Signal

GLD - On Sell Signal

SLV iShares Silver Trust on Sell Signal

SLV - On Sell Signal

GDX Market Vectors Gold Miners on Sell Signal

GDX - On sell signal

XGD.TO  on Sell Signal

XGD.TO - On Sell Signal

Summary

All four ETFs remain on sell signal this week and likely will remain so for the coming week. The metal ETFs remain in a bullish config which favors long set ups, while the stock ETFs are now in a bearish config which favors short set ups.
We continue to be patient and wait for signals and set ups.
 
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.

Jack Chan runs a financial advisory service focusing on timing buy and sell signals on Gold, Enery, and Technology Indexes.  You can gain access tot Jack's advisory service through his website:  http://www.simplyprofits.org/

Tagged Stocks: UPS, GLD, SLV, GDX

 
 
 
 

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