 GSG is the ETF representing the Goldman Sachs Commodities Index.  We just purchased this at $31.59 and expect it to reach $34.00 without too much resistance.  This would be about an 8% gain.  It has much greater potential in the longer term.  We aren't going to give it much room to go the wrong way before we would get out.  I have set the stop at $30.59 which gives a two to 1 risk to reward ratio.  In the worst case it should be supported by the increasing red line but I expect it to advance more in line with the yellow line.
 GSG is the ETF representing the Goldman Sachs Commodities Index.  We just purchased this at $31.59 and expect it to reach $34.00 without too much resistance.  This would be about an 8% gain.  It has much greater potential in the longer term.  We aren't going to give it much room to go the wrong way before we would get out.  I have set the stop at $30.59 which gives a two to 1 risk to reward ratio.  In the worst case it should be supported by the increasing red line but I expect it to advance more in line with the yellow line.Monday, August 24, 2009
Bought GSG (Commodities Index)
 GSG is the ETF representing the Goldman Sachs Commodities Index.  We just purchased this at $31.59 and expect it to reach $34.00 without too much resistance.  This would be about an 8% gain.  It has much greater potential in the longer term.  We aren't going to give it much room to go the wrong way before we would get out.  I have set the stop at $30.59 which gives a two to 1 risk to reward ratio.  In the worst case it should be supported by the increasing red line but I expect it to advance more in line with the yellow line.
 GSG is the ETF representing the Goldman Sachs Commodities Index.  We just purchased this at $31.59 and expect it to reach $34.00 without too much resistance.  This would be about an 8% gain.  It has much greater potential in the longer term.  We aren't going to give it much room to go the wrong way before we would get out.  I have set the stop at $30.59 which gives a two to 1 risk to reward ratio.  In the worst case it should be supported by the increasing red line but I expect it to advance more in line with the yellow line.
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