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Strategies & Market Trends : TIMING INDEX MUTUAL FUNDS -- Ignore unavailable to you. Want to Upgrade?


To: Rarebird who wrote (34)2/6/2000 10:29:00 AM
From: bobby beara  Read Replies (1) | Respond to of 428
 
Bird, the underperformance of the xau makes me bullish as hell, everybody has thrown in the towel right before the major turn, just like the did on equities in 1982.

The gold to gold stock ratio made a buy signal at the end of jan,

it does need to take out the H&S pattern baseline, but by that time it will already have broken out in deutschemarke's and the rest of the world will be in a panic buy mode and the short's will be scrambling.

in keeping with this thread there is a rydex precious metals fund that tracks the xau, also i believe bearx uses a combination of gold stocks and nasdaq shorting as a bear strategy.

b