Thursday, June 25, 2009

UGL (Ultra-Gold): 200% Leverage

I mentioned on Twitter today that gold and silver are starting to "look" attractive. The only part of the puzzle that is not in alignment is PPO. Full Stochastics and Community Channel Index (CCI) are already "flashing" a buy signal. Let's wait until that final piece of the puzzle is in place before committing any financial resources. See the details about UGL in the following chart: Note: To enlarge the chart, double-click inside of it.

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