XJO
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0.74% 8,285.2 s&p/asx 200

redback report week ended 4/3/2011, page-3

  1. redbacka
    9,492 Posts.
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    06/03/11
    14:11
    Post #: 8004607
    Hi Jimmy,

    Another good hedge is the Gold ETF traded on the Australian Stock Exchange. (That's one of the reasons I always include a chart of the Gold ETF in the Report.)

    If the XJO breaks lower, go long the Gold ETF.

    Good luck
    Red
    XJO Value at posting: 163.50
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    lightbulb Created with Sketch.  Great analysis
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