Welcome back...

Here are some long and short fund charts.

SSO is the 2x S&P fund.

Bottom?

I think we are close.









QQQ did not show the same volume that the SSO did.

Thus not really confirming a low low perhaps



















THIS IS THE QID

DOUBLE SHORT QQQ

We have been trading this for many gains but it has been tough to hold over night

I think near a top for this.













SRS this has been my favorite play been in and out but did not hold for the big gains due to volatility, intraday moves of 20 to 40 dollars, amazing.

SAME for SKF below








SKF short Banks...

Speaks for itself.

Enjoy and good trading.

BUY GOLD STOCKS

GET OUT...

THE POWERS THAT BE ARE DREAMING...

Perhaps this airplane can carry the trillions of toxic paper away and drop them in the ocean never to be found.

look for articles by Jim Willie, see safehaven.com 321gold.com

be vary careful.. protect yourself, buy bullion if you can find it.

Do not believe anything you read, see, or hear in the media.

McHugh sees another 2000 point decline in the dow.

Gold off the bottom, MFN Trade

MFN Bot 5.60 sold 8.82. the markets are psychotic and sick. Have been short and trading SKF well.

Went long near the lows like MFN on several miners, and CEF etc...

Took 20 to 30% profits. My star is KBX iin at .71 up 60% You just can't be afraid to buy jrs when they are down.

Have nice gains bankes.

Good trading gang.

UPDATE SEPT 2008 gold rebound

Could be a major low...

Possible 3 year run from these lows coming up.

DOW DOWN 400

The Line charts are bullish percents etc. All markets are rolling over, new lows, put/call ratios, vix suggest lower prices for general stocks.

GOLD and gold stocks performed very well while markets went haywire.

You can access these by searching for "$" in the stockcharts.com symbol catalog.


Friday was a great day for us, we are short financials and have a stash of QQQ puts.

Looking for a waterfall down as the Fed and pumpers took their last gasp?

Gold Reversal UP

Thanks for all the visits... sorry I have not been around lately...

The long term case for gold is in play and you can add to positions. I have added MFN ABX AEM and other jrs over the last weeks.

It was interesting to note all the letter writers were quite glum in early may and looking for lower prices. Gold sentiment was at 3% bullish at that time.

these chars were created a few days ago...

Enjoy, do you wish you were in oil??

Is this still a top? Deflation or Inflation ahead?

Sorry I don't update more frequently but not much has changed. Gold looks to hold trendline suppport however we may have downside.

Jr. miners still best value.

see www.jsmineset.com
www.financialsense.com
goldseek, 321gold, and howestreet.com for some of my favorite reads.

TOP gold 975 - 1000 ?

Silver / Gold ratio...
Speaks volumes to me. perhaps it goes higher but how much?








Below is a daily chart of gold. I believe that the attempt of this breakout has failed. Note the MACD Cross which for many is a sell signal.

Exciting Times Gold $960

Here's Gold from Jan 1, Nice bullish wedge and a break up today





You can create these charts at
www.netdania.com
click on quote list, then click on the instrument you choose.

Chan on Buy signal for Gold, Accounts only 3 4 % from ATH.

GOLD trading round number suppport 900

Here's the current look at GOLD.
What is happening here is a typical pause at the 900 level. The weekly looks over bot and MACD weekly could roll over to sell cross, but for now in bullish mode.

I know you regular viewers would appreciate more updates so if you wish to be on my mailing list just send a note to
jimak1 @ gci . net

For now I am adding to JR positions.

Shorting DBA

I have synthetic long positions on HMY and GFI that being short march puts long april calls for a net credit.

Best, Jim

GOLD 860+ nice!!

Gold blasts off in 2008...
I guess everyone was waiting for the new year to buy.

Not a bad consolidation and breakout.

Do not sell your valuable gold and mining shares except to buy better value.

GOLD A COILED SPRING

GOLD $794
A coiled spring, these charts zoom out to a daily with macd and 9 day rsi...

GOLD BATTLE FOR 800 what's your bet?

Which will be hit first 750 or 850?

Gold 822+ Looks like another leg up

Here's the latest study... enjoy

Have been adding this past week to positions.

Gold has moved up to 821 since this was created last night.

chart created via
www.netdania.com

Gold 790

Some Gold Charts from early November.

Gold 742 on the way to 800 +

Well a month has gone by since the last post. Gold continues to fly as Gov'ts inflate.

Long and strong many little miners.

Gold 700 Still on buy...

Since my last post in late July that call still holds. I have been busy trading the short side of the markets and re loaded my small gold stocks over the past few weeks.

Here are your gold daily and weekly charts.

Breakout or Fake out?

GOLD is going up...

Gold is going up and may turn up hard.

Hidden Pivot based on BC of the last week.
A 638.9 (touch of trend line)
B 687.75 C656.57
Gives Entry 668.7825
Pivot 680.995
Target 705.42

We will go thru 705

638.9	687.75	656.57	668.8	680.995	705.42

GOLD WEEKLY WITH TREND LINES

Gold Weekly with Trend Lines.
An important test of the TL. Looks promising.










Gold Daily
Important Bottom, also at the 200 day moving average. I say Buy and Buy JR. miners


Next update will be Wednesday.

Update June

Well it's time to hit the beach... Apologies for those of you who are regular lookers here that I have not updated recently.

I was lucky enough to have sold many positions on the last run up in Gold, now better than 50% cash and holding many jrs. And my accounts are near high valuations

Let me suggest a free trial to www.weldononline.com he has a very good read on things.

Bob Hoye also is excellent.
Instutional Advisors.com

Jim Puplava www.financialsense.com weekend radio show is excellent.

If are confused about these markets, well, join the party... I think everyone is

My sticky note says "Relax on the Markets till Fall"
Good trading, and feel free to email or join our little yahoo room, lots of good comments in there.