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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less.....

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To: Rashid Garuba who wrote (3414)10/1/1998 8:20:00 AM
From: TATRADER  Read Replies (5) of 59879
 
I patiently wait for the mutual fund meltdown...Fund managers will soon be forced to liquidate funds to meet redemptions...When your retirement fund gets down 20-30%, you start to think, maybe, I am not a long-term investor, maybe this is not the place to be...My 7000 target remains on the DOW...As I mentioned the other day, I expected the gold XAU to hit the 70-72.50 area, before beginning its upward ascent...Yesterday it hit my target area, and was repelled upward...
That shows me this bull market I called in gold over a month ago is real...I am thankful I am not in any mutual funds at this point...
I remain heavily in cash with these open positions presently
1.ECO
2.PDG
3.ASL
4.CBJ

My wife bought into DROOY at 3 3/8 the other day..It was the first stock she purchased without any influence from me, other than giving her my daily top ten scan.....Regards, Mark
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