6/09/2010

$GLD Then And Now

Back on July 6th, 2009 I spotted a great looking inverse head and shoulder pattern in $GLD. Now I'm wishing I had followed my own advice! Check out where we are now. It looks like a cup and handle are forming and this could break out much higher from here again.

Then...
http://www.inbailoutswebust.com/2009/07/prophetcharts-gld.html







and now...


Where we are today June 9th