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Strategies & Market Trends : Fidelity Select Sector funds -- Ignore unavailable to you. Want to Upgrade?


To: Angler who wrote (4523)5/24/2002 11:22:08 AM
From: MoneyPenny  Read Replies (1) | Respond to of 4916
 
CEF, a odd-ball closed end fund that holds physical gold and silver bullion. It has traded above NAV but as the price of gold and silver rise, that is irrelevant.

My best penny is CALVF which is extremely volatile. My basis is about 5 cents and it is at 24 cents today and has traded as high as $6 or 7 in the past (mid 90's). It is up 75% in the last week. I also have Seabridge which is in the dollar range and also has no debt and will appreciate quickly as the price of gold continues to rise.

I haven't had stocks appreciate this quickly since I traded NTAP two years ago.



To: Angler who wrote (4523)5/26/2002 8:20:53 AM
From: Julius Wong  Read Replies (3) | Respond to of 4916
 
Angler:

FSAGX has moved up too fast. Buy on dips. The charts of gold indicate a resistance level at $305.

The all time high of FSAGX was $28.20 on May 31, 1996. High probability for a new high before 2003.

Julius