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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: J.T. who wrote (2107)12/17/1999 4:31:00 PM
From: pater tenebrarum   of 19219
 
J.T. , i do agree the XAU is acting great now...it broke out from a falling wedge pretty decisively. i'm just a bit prejudiced re. ABX because of their large hedge book. the U.S. traded SA stocks i like are HGMCY, GOLD , AU (which is in the XAU as well) and the more speculative marginal miners DROOY and RANGY.
check them out, they are capable of big percentage moves in a very short time whenever gold moves up (or down as it where). as trading sardines they rival almost the nutz...<ggg>
what's more most of them pay chunky old era dividends <ggg>

regards,

hb
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