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Strategies & Market Trends : Anyone follow ASA on the NY?
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To: chuckj who wrote (13)10/12/1997 1:56:00 AM
From: Dale Schwartzenhauer   of 15
 
I'm really behind the times on my posting; you may already have the answer you need. My thinking has been that an advance in gold is underway, with an initial target of $360-$370. Having said that, I didn't care much for that larger than expected pullback in gold a few days ago. While that has been underway though, the S.A. mines have largely moved to new highs. So we may still be on track. I heard recently of an analyst that feels the 60-year cycle is ending near the end of October, which will usher in a several year rally. I hope he's right.

Dale
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