This is an interesting view of the Lazy Man and GLD. The weekly bar chart shows the glittering performance of GLD relative to the classic Lazy Man portfolio for the past 8 months. But, what really is interesting is the position of the Prognosticator, which suggests that GLD is about to embark on another hot leg up. Once that LR7 signal turns flat with the LR3 upslope its clear sailing ahead. GLD tends to surge in 6 month cycles and, for those Lazy Man aficionados, just expand this template back to last February for an eerie flashback to the current Prognosticator signal. Hint: GLD went straight up for the next 6 months.
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