NEoWave Trading Service, by Glenn Neely Options

[TTHQ Staff]

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EMERGENCY Update - GOLD 8/4/11
Today's drop in Gold is the largest, fastest in weeks, signaling the possibility a new downtrend has begun. For that reason we should enter a new Short position.

HOURLY and DAILY TRADERS
Go Short immedaitely (currently Dec. is trading at $1,654) with a buy-stop at $1,681.90.

WEEKLY TRADERS
Go Short GLD immediately (currently at 160.55) with a buy-stop at 163.88.

For both trades, more details will follow in Friday's update.

Glenn Neely
NEoWave, Inc.

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