RE: Performance of Gold Stocks in Deflationary 30'I don't know about you guys but here it goes I'm going to give you my secret that has made me money on GLD and Goldcorp 47 out of 50 trades just in the last year alone.... How is that? you don't know?
forget about the trends, yes they can work for you and work well but the ace in the hole for me is this. I buy Goldcorp and GLD every friday at 1 minute before the close regardless of where the price is and sell them in the first 15 minutes of the morning on Monday when my candle bars show me the reversal of else I wait until 10am. check for yourself go back a year and you'll see this strategy has been near flawless. sure it could be higher the next day or lower but the trick is to have a clear mind of not getting greeding. I took out $3.56 on 1000 shares for the goldcorp and $1.63 on a 1000 shares of GLD. Now were done here till friday again. keep an eye on this it is a very profitable trade has worked for me almost every week throughout the year. You don't need an anal-yst to do this.