Tuesday, September 14, 2010

Gold Miners

Gold miners are having a good day, as evidenced by this breakout on GDX, Market Vectors Gold Mining Index: 

GDX Daily Trend Model

Below a couple of stocks from our Gold portfolio that are fully participating in this move:

GORO Daily Trend Model


TRE Daily Trend Model

Is it too late to buy gold stocks?  

This is not a question for a trend following frame of mind.  Picking tops and bottoms have been abandoned in favor of capturing the meat of the move.  We are no longer vegetarians.

A