By Jack Chan at www.simplyprofits.org
12/04/2010

GLD – buy signal this week.
SLV – on buy signal.
GDX – buy signal this week.
XGD.TO – buy signal this week.

Summary
Long term – on major buy signal.
Short term – on buy signals.
We continue to hold our core positions with a hedge in place to lock in profits. We will lift that hedge and add to positions upon new set ups in the ETFs.

Disclosure
We do not offer predictions or forecasts for the markets. What you see here is our simple trading model which provides us the signals and set ups to be either long, short, or in cash at any given time. Entry points and stops are provided in real time to subscribers, therefore, this update may not reflect our current positions in the markets. Trade at your own discretion.
We also provide coverage to the major indexes and oil sector.
End of update

By Jack Chan at www.simplyprofits.org
11/27/2010

GLD – on sell signal.
SLV – on buy signal.
GDX – on sell signal.
XGD.TO – on sell signal.

Summary
Long term – on major buy signal.
Short term – on mixed signals.
We continue to hold our core positions with a hedge in place to lock in profits. We will lift that hedge upon evidence that the correction has completed.

Disclosure
We do not offer predictions or forecasts for the markets. What you see here is our simple trading model which provides us the signals and set ups to be either long, short, or in cash at any given time. Entry points and stops are provided in real time to subscribers, therefore, this update may not reflect our current positions in the markets. Trade at your own discretion.
We also provide coverage to the major indexes and oil sector.
End of update

11/20/2010

GLD – sell signal this week.
SLV – on buy signal.
GDX – sell signal this week.
XGD.TO – sell signal this week.

Summary
Long term – on major buy signal.
Short term – on mixed signals.
We continue to hold our core positions with a hedge in place to lock in profits. We will lift that hedge upon evidence that the correction has completed.

Disclosure
We do not offer predictions or forecasts for the markets. What you see here is our simple trading model which provides us the signals and set ups to be either long, short, or in cash at any given time. Entry points and stops are provided in real time to subscribers, therefore, this update may not reflect our current positions in the markets. Trade at your own discretion.
We also provide coverage to the major indexes and oil sector.
End of update

By Jack Chan at www.simplyprofits.org
11/13/2010

GLD – on buy signal.
SLV – on buy signal.
GDX – on buy signal.
XGD.TO – on buy signal.

Summary
Long term – on major buy signal.
Short term – on buy signals.
We continue to hold our core positions, and promptly initiated a hedge upon the high volume key reversal this week, to lock in profits and to limit any further downside risk.

Disclosure
We do not offer predictions or forecasts for the markets. What you see here is our simple trading model which provides us the signals and set ups to be either long, short, or in cash at any given time. Entry points and stops are provided in real time to subscribers, therefore, this update may not reflect our current positions in the markets. Trade at your own discretion.
We also provide coverage to the major indexes and oil sector.
End of update

By Jack Chan at www.simplyprofits.org
11/06/2010

GLD – buy signal this week.
SLV – buy signal this week.
GDX – buy signal this week.
XGD.TO – buy signal this week.

Summary
Long term – on major buy signal.
Short term – on buy signals.
We continue to hold our core positions, and wait for new set ups.

Disclosure
We do not offer predictions or forecasts for the markets. What you see here is our simple trading model which provides us the signals and set ups to be either long, short, or in cash at any given time. Entry points and stops are provided in real time to subscribers, therefore, this update may not reflect our current positions in the markets. Trade at your own discretion.
We also provide coverage to the major indexes and oil sector.

Jack Chan
www.simplyprofits.org
Sep 20, 2010

GLD – on buy signal.

***

SLV – on buy signal.

Price spike continues without establishing trendline support. Spike up is usually countered with a spike down, sooner or later.

***

GDX – on buy signal.

***

XGD.TO – on sell signal.

Summary

Long term – on major buy signal.
Short term – on mixed signals.

We continue to hold our core positions, and add to positions upon new set ups.

###

Disclosure
We do not offer predictions or forecasts for the markets. What you see here is our simple trading model which provides us the signals and set ups to be either long, short, or in cash at any given time. Entry points and stops are provided in real time to subscribers, therefore, this update may not reflect our current positions in the markets. Trade at your own discretion.

We also provide coverage to the major indexes and oil sector.

End of update

Sep 18, 2010
Jack Chan

Jack Chan
www.simplyprofits.org

GLD – on buy signal.

***

SLV – on buy signal.

***

GDX – on buy signal.

***

XGD.TO – on buy signal.

Summary

Long term – on major buy signal.
Short term – on buy signals.

We continue to hold our core positions, and wait for new set ups to accumulate more positions.

###

Disclosure
We do not offer predictions or forecasts for the markets. What you see here is our simple trading model which provides us the signals and set ups to be either long, short, or in cash at any given time. Entry points and stops are provided in real time to subscribers, therefore, this update may not reflect our current positions in the markets. Trade at your own discretion.

We also provide coverage to the major indexes and oil sector.

End of update