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June 15, 2009 / Jeb

(Written on 6/3/09) Warning on Dollar and Gold Mining Stocks

(This was originally written on June 3rd;  Look at the charts and that was the exact top.)

Dollar is exremely oversold and will bounce.  Mining stocks are overbought.  Place trailing stop losses to lock in gains.  Be careful not to take new positions if stock is overextended.  Wait for a pullback to get into positions.  We believe we will have second buypoints for our position as a shakeout of weak hands will take place now.  We will inform when our stops are hit.  We will not be giving out new positions until we find more opportune buying points.


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