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