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Thursday, October 20, 2011

Lehman type event to happen on Monday: Buy GLD

Get ready for another rally upside or downside on this Monday. The market has moved up by 1200 point till now. Italy FTSE has fallen today 355 point after hour or 3.9%
If any resolution is reached then the stock will rally upside but the chances are very nil. The Greece problem cannot be solved in one weekend. If there is no resolution then Lehman type even will occur.

The strategy is simple, "Keep cash in Hand" to take advantage of any possibility.
Buy GLD






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