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30-Jul-08
Don’t Think, Buy GLD
Had you bought this low RSI2 setup over the history of the (GLD: 89.52 -1.18%) ETF, you would have had a winning trade 25 out of 34 trades, or 73.5%.
Sell when RSI2 > 80.
Choose a stop based on whatever you want, but obviously, the 200 day average and the trendline must not be violated.
Tagged Stocks: GLD
Posted at 12:50 in External Blog | Permalink | Comments () | Top
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Sothebies
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