T5 Signals for GLD, beta test update 8/15 > for 8/18/2008

T5 Signals for GLD, beta test update.

CHANGE YOUR ENTRY TARGETS AND STOPS [UPDATED 8/16/08]

8/16/08 note:
GLD closed Friday at $77.40 after setting a low of $76.81 this past week.
GLD has lost more than 15% of its value since 7/26 when the T5 Signals System automatically exited all positions at or above $91.89 [thank you T5!].

Click, or copy and paste, the link to view current T5 signals status
and exact price and stops details in your web browser:

http://t5trader.net/GLD.aspx

the link is www (dot) t5trader (dot) net/GLD (dot) aspx

CARPE DIEM!

This is a beta test. The Disclaimers on the website are an important
part of the test. This is neither an offer to buy nor to sell or to
recommend any investment.
======================================

PRIOR MARKET NOTES:
from 8/12:
GLD fell below $80 at one point today.
Technically, it is weaker than it has been in over three years.
There are no changes to the T5 free signals for GLD but signals for
inverse funds and other tradables are available for a fee.
So, in summary, the T5 trading system is not only designed to get
you
into a trade. It is also designed to automatically take you out when
a trend is ending - and you never have to sit in front of your
computer.
-----------------------------------------------------

from 8/11/08:
---------------------------
GLD fell another (-3.91) percent today.

Fortunately, the T5 trading system has held all funds in cash since
7/23/08 when GLD closed at 90.47.

ON 8/10/08 I wrote:

[
Now that GLD has fallen Down Below its last line of price support, it
is susceptible to further significant declines.

This is the only the fourth time that GLD has displayed this level of
price-support-weakness since August of 2005. Each prior time is was a
bottom and GLD began an uptrend to a new high. If that occurs then
the T5 signals will offer entry targets when GLD recovers from this
downtrend.

However, if GLD is now in a downtrend then funds used to trade GLD
may be more useful trading in Put Options for GLD or the inverse fund,
‘DGZ’. T5 signals are available for these and other tradable symbols
for a fee. Only the he T5 signals for GLD are made availabe to you
for free.

See the website for details, “www (dot) t5trader (dot) net”
]