Oct
15
Gold – The Sell Off * Part II
ByYes, I know I put gold in both the sell section and the upcoming seasonals. The negative period for gold is the month of October, so investors should be prepared to take another position shortly after they sell. A common question that I get asked is, “why not hold onto a sector during its negative time period?”
The reason is simple- historically you have made more money selling and buying back again. Investors always have the choice of using a stop loss, or a momentum indicator to help bridge the gap when the negative season for a sector is short.
