July 27th Daily Market Comments

Be careful! Although the markets are trading positive Today, they are still below the T-line. Be careful of Today’s bounce. Take some profits in the gold stocks, after a long steady Eddie move,GFI and HMY have gapped up significantly. Consider taking off half the positions.SOGO, take profits, it has gapped up 48% today. Watch to see what happens in regards to the T-line Today in the indexes.