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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?


To: craig crawford who wrote (7005)5/20/2001 4:05:40 PM
From: Mark Fowler  Respond to of 57684
 
Xau just broke out, next resistance there at 72 with measurement up to 75 on this short term run. I think gold could run higher for about a yr. . I'm watching the dollar is in a wedge breakdown, 118 is resistance and the key support is at 111. The dollar is about to show its true colors soon. As the dollar declines and short term interest rates move further down, this will be good for the gold stocks.

On the oil stocks personally i'd stay away for now with new money, dismal.com