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To: Abner Hosmer who wrote (10223)4/20/1998 3:32:00 AM
From: Alex  Respond to of 116762
 
An interesting read from Kitco...................

kitcomm.com



To: Abner Hosmer who wrote (10223)4/20/1998 4:21:00 PM
From: Dan P  Respond to of 116762
 
Tom:

I decided to take a subscription for Marantette's letter, after a
trial. He is currently on a sell for the gold stock (fund)
portfolio. One can trade funds based on his buy/sell recommendations
as well as the 10 stocks he lists in his portfolio.

His track record was pretty good, until last year when he had a draw-
down of 40 % for the year. He is a very honest guy, and explained
to me (as I suspected) that the loss occurred mainly in the last
quarter of the year. What he said was that he had a sell signal
that he didn't believe, and consequently failed to issue it.
However, he has made up most of that loss since. I plan to follow
him for part of my portfolio, and trade on my own indicators
for another part.

You can find the info on his track record on his web page, at
goldstock.com

By the way, your explanation of his trading method was quite good,
and it is obviously based on cycle theories.

Regards

Dan