[Entering Position in Iamgold (IAG)]
Dear Member:
Iamgold (IAG) has bounced up off both a weekly and a daily trend line. I am placing an order to buy the stock at $8.85 or better for the day. A dip below yesterday's low at $8.53 would be reason for me to exitif my order is filled. The gold stocks have some appeal as the markets generally, and especially the Nasdaq are giving some suggestions of turning over.
DISCLOSURE: At the time of publication, I have no position in IAG.
Sincerely,
Bill Kraft
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