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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: Rocket Red who wrote (19996)9/4/2006 10:33:11 AM
From: loantech  Read Replies (3) | Respond to of 78408
 
Jack Chan is back on board for gold and he has made some good calls:

Simple trades in the gold sector
Jack Chan
www.simplyprofits.org
Sep 4, 2006

Our breakout model finally confirmed the much anticipated BO#4 a few days ago, and alerted us to be aggressive buyers of the gold sector>>>>>>>

<Summary

Prices in both ETFs are now approaching resistance. If the breakout model is correct, the resistance should not be a problem as prices should exceed it and challenge the May high in the next few weeks. Risk/reward on these two trades are very attractive, as we are risking 2% for a potential 20% return if the May highs are reached, and more if they are exceeded.

End of update

Sep 2, 2006
Jack Chan>>>

321gold.com