GLD Update, True Love?

Blain Reinkensmeyer
Posted on Thu 3rd Jan, 2008 02:16:19 PM

I don’t know if my Girlfriend would approve of me claiming GLD as my true love, but nonetheless the ETF is hot, and I can’t help thinking about our future together.

I posted GLD first at $77.81, then again at $82.50, and now today it is trading above $85, gotta like it.

gld-010308.png

The major buy point on GLD was on December 21st which is where my arrow is pointing when it gapped above $80. The ETF has been on the move since and shows no signs of slowing down yet.

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4 Responses

  1. 1
    Jonathan - January 3rd, 2008 at 9:02 pm

    Blain,

    You’re just interested in GLD for it’s profit potential. I think it’s just puppy love. Stick with you GF. :grin:

  2. 2
    Blain Reinkensmeyer - January 3rd, 2008 at 10:40 pm

    lol, well said.

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