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Strategies & Market Trends : Precious Metals mutual funds (gold, silver, PGMs)
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To: Larry S. who wrote (327)3/15/1999 7:05:00 AM
From: Dan P  Read Replies (1) of 972
 
Larry:

Thank you for your informative posts. The gold fund average
on Gold-eagle also suggests that we are on bottom, and if the
pog and gold funds can hold in here, we might have established not
only a multi-year bottom, but since we have moved through the 200
day m.a., something that hasn't happened
convincingly (with gold-eagle's average)
for about three years, it looks promising for a rise from
here. However, as Richard points out, we may yet test the
intermediate lows. This week will be key. Here is the gold-eagle
link. On the monthly chart, the bottoming process appears much
clearer.

Also, check out the weekly chart of gold-eagle's
gold fund average.

gold-eagle.com



Regards

Dan
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