Precious Metals mutual funds (gold, silver, PGMs) Message Board

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Strategies & Market Trends : Precious Metals mutual funds (gold, silver, PGMs)

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To: Larry S. who wrote (647)	4/9/2002 8:58:36 AM
From: Dan P	Read Replies (1) of 972

Larry: Interesting rise in the ratio: suggests that we may be overbought in the stock sector? Anyway, we are in the midst of a correction. Speaking of that 6-8 week correction, I was referring to the early Feb 2002 to mid-March 2002, as the gold funds and many stocks went on to new highs. If we continue to move up, then the current correction should be over by middle of June or so. Otherwise, I think we could correct (hopefully just move sideways) until fall. Here is a chart of a typical gold fund, and you can see what I am referring to. askresearch.com Regars Dan

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