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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: bobby beara who wrote (8419)3/17/1998 3:35:00 PM
From: Tom Byron  Read Replies (1) | Respond to of 116796
 
bobby: right now I am in "Invesco Strategic Gold" Symbol is fgldx Its a mutual fund that invests in SPECULATIVE small exploration mines only (or mostly only). I'm betting on a break to the upside. And this fund is down so much that I am hopping that it really pops on the UPSIDE just as it did "pop" on the downside in the bear market. I had good success with it in late 1995 to August 1996. (got out in August, 1996 on the bouce after the June, 1996 break).

But as I said one must realize that this fund is more volitile on the up's and down's. So one must exerise judgement as to their risk tolerance. All of this in my opinion only. Really down like to give advise on what to buy or sell. Just put info out there and peeople can make their own decision. Yes?

Thanks for your reading of the equis chart.