Friday, February 5, 2010


Hi Folks,

I covered my short GLD today and actually got long Gold today. I think this is a good entry point. The dollar has gotten ahead of itself and I believe we wlll see a short term rally in GOLD over the next month or so.

I have not covered my short postions in Equities yet but I think within a month I will be getting long equities as well. Look to the financials for signs that we are heading higher. With the recent good fundamental earnings for the tech sector, I think that will be the place to be when we turn. For now we should we should see sideways to lower in equities.

THanks and Good Trading,

Tim Winters

No comments:

Post a Comment