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Gold/Mining/Energy : Gold & Gold Stock Analysis

GLD 414.48

+0.7%

Jan 9 4:00 PM EST

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To: loantech who wrote (19844)	11/26/2009 2:47:59 AM
From: Andrew	Read Replies (4) of 29622

Hey, Gold is breaking out sharply. I personally cant really say using TA how high its going, we are in uncharted territory so I'm not going out on a limb. Right now I'm getting near 50% cash in all the accounts I manage. I've been selling slowly into this rally. Any sharp pullback or correction in Gold stocks and I'd be buying again. The junk penny stocks seem to be waking up a bit. I'm thinking in January - March they might be the place to be?

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