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ItsAllCyclical

05/19/09 3:50 PM

#18951 RE: Frank Pembleton #18950

Don't like this weak close w/the PMs at the end, but I think we may just need to recharge the hourly charts. Holding for now.

Some double tops on the hourlies, but daily still constructive for now.

Frank Pembleton

05/19/09 3:52 PM

#18952 RE: Frank Pembleton #18950

GLD - new pivot point put in place this hour (on the hourly) LOWER HIGH...!

...soooo, I've sold my position in the gold stock index (HGU.TO) into the close for $12.04

Let's see what the markets gives us in opportunities tomorrow.