LET'S MAKE MONEY!
...in Real Estate and Securities
Saturday, October 17, 2009
Gold
Gold has broken out of the long term inverse head & shoulders identified here: http://rpbsinvsvcs.blogspot.com/2009/08/gold-update.html and has hit its first target of 1050. The next buy point is a backtest of the breakout at 1010. Stops are back in the basing area below 1000.
Long term holders should hold. This has a long ways to go.
Having met with success at calling various markets I thought it would be fun to launch these ideas in a public forum. I try to take advantage of over 25 yrs active trading experience, as well as, my prior experiences on; as a CPA on Wall Street, as a Stock Broker with Merrill, and, as the Trustee of a Retirement Plan. In addition, I have been the Senior Financial Executive for a diverse Real Estate Company involved in acquiring & developing Raw Ground, Single & Multi Family properties, Commercial projects and Real Estate Brokerage. Forecasting the unknowable is a wonderful challenge. I hope you like the blog.
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