GOLDBUGS AMEX Goldbugs Index (GOLD)

[al44]

When to sell your gold- some notable events to look for

1. When your taxi driver says to buy gold

2. When Time magazine has a gold bar on the front cover

3. When Businessweek starts touting gold(best contrarian indicator for any play)

4. When your brother in law who doesn't even know what gold is starts saying to invest

5. When you see the mother of all parabolic rises on the chart

6. Best of all- when everyone else is buying causing a feeding frenzy(see #5)

None of these will be applicable if at the same time your local currency is hyperinflating. All bets are off until that comes under control.

Sorry, but you are probably just as confused as before, but it's the best I could do.

........al