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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: Win-Lose-Draw who wrote (5185)	12/11/2001 10:21:13 PM
From: gold$10k	Respond to of 36161

Hi Win-Lose-Draw, IMHO, you have turned your attention to the precious metals sector at the right time. I don't know of any XAU-like ETF or tracking stock, but I trade Rydex's RYPMX fund as a proxy for XAU. With my money directly at Rydex, I can trade every day if want at no extra cost, so the only drawback is that I can only trade at the end of the day. Not all mining stocks are the same and it is better to own a basket of them. Also, not all precious metal funds are the same. Take a look at this chart and then change the "time" to "all data" to see what an historic bottom this is and how wild rallies are once they get going. bigcharts.marketwatch.com Good luck, vt