Update: GFI, GSS, RGLD, WFR, BG, XLF
Posted on January 9th, 2008 in Stock Market |
My gold stocks GFI, GSS, RGLD are all up nice since last week +17.7%, +9.9%, +12.0% respectively.
WFR got smacked hard today and hit the $70 mark but on much too much volume. Now it will probably test the $65 price. before we look into any buying.
BG (which I’m currently in at $122) did climb up to my first target of $131 but then retreated which I don’t like.
XLF went down further today last in the day on heavy volume which surprised a lot of other traders and Tim Knight. I’m going to wait for the XLF to bounce up to around $30 then short using the SKF.
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