Act Like a Jack Ass and You'll Always Get Treated Like One

Three taps and out on the gold stocks has created a significant breakout in the gold stocks. Rather than galvanizing investors resolve to hold their positions, it's obvious that weak hands can still be easily spooked out of their positions by 'timely' garbage analysis and news flow.

Over the years the markets have taught me this personal message,

"Act like a jack ass and you'll always get treated like one."

The stock operators, fully aware of the technical significance and potential of three taps and out, continue to relieve the weak hands of their positions. They are laughing all the way to the bank in the process.

Amex Gold Bugs Index 'HEUY' (HUI):