(Click on chart to enlarge) We bought some shares in Golden Star Resources at the intraday low, acting on a query from a subscriber during yesterday's weekly Q&A session. It was a question from another gold trader, however, that got me stirred up. I have reprinted it below, along with my response, since it goes to the heart of what Rick's Picks is about: 'I had great success on your last [Comex Gold] trade of a break above a certain price level, which you admit you don't often do," writes Roger Hooper. "Since then, you have mentioned a number of important price levels for June Gold that became 'chopped liver' [as you like to say], but in each case you never gave a specific suggestion to trade the breakout. Hindsight makes me wonder if you were implying that one could have traded the breakout with a tight stop, but I don't like to assume you were implying anything without a clear statement first. For future reference, do these resistance levels represent breakout trades that we could try, or should we only think that if you make a specific mention of one? If they are potential trades, what is the general stop we should place under these breakout levels?" My response: Unless I am very specific about entry points and stops, it is my intention that subscribers follow their own muse when attempting to trade my numbers. I provide targets that are almost invariably reached, often very precisely, and trend forecasts that are correct about 88 percent of the time. This is what I am best at, and my forecasts are meant to give you the confidence to trade a particular stock or commodity in accordance with your own style and rules. In June Gold, for instance, my "ironclad" target at
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