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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: pater tenebrarum who wrote (48559)4/28/2000 2:03:00 PM
From: prosperous  Read Replies (2) | Respond to of 99985
 
Heinz

What are good investments for gold? I was considering ABX, what are some of the risks buying this stock at the current level? they seem to have flattened out as you say, but are there any inherent risks in their business model (if one were to play the devil's advocate here)? It seems to me more and more that the DOW kind of stocks will see the down side first from the interest rate prospects.
Thanks and regards

Hemant



To: pater tenebrarum who wrote (48559)4/28/2000 2:29:00 PM
From: Casaubon  Read Replies (1) | Respond to of 99985
 
HB,

that observation has become a focal point of some of my studying, and I thank you for it.

EDIT: shortly before they reach their inflection point, you usually get a spike in the existing trend, as the early position takers
based on fundamentals get squeezed out


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