"As a technician, I feel that there are few analysts that offer value for me, but you do. Your work on Gold ratios has helped my analysis greatly." --Jordan Roy-Byrne, CMT (The Daily Gold) 4.9.10

Monday, February 28, 2011

Hoping for a breakout to the upside

Here is a little graph from a Scottrade account I manage.  Nice looking ascending triangle.  I am pretty bullish on myself :-).  I have to be, because that's a bullish pattern and I happen to trust the decision making of the guy making it happen.  Interestingly, this graph outperforms the gold stock indexes; the gold sector being my preferred area for investment.