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Strategies & Market Trends : Precious Metals mutual funds (gold, silver, PGMs) -- Ignore unavailable to you. Want to Upgrade?

To: MtnBear who wrote (143)	4/21/1998 7:45:00 PM
From: Richard Mazzarella	Read Replies (1) \| Respond to of 972

MtnBear, thanks for the fund lists. Gold forecaster updated: wavechart.com . The short term chart is very interesting. XAU blew right through the upper bollinger band. XAU is now "out of control", a break out. Obviously the short term is still a buy and so is the long term a buy. The intermediate term could be viewed as a sell, but one has to review it's behavior in the past were XAU went up without making complete cycles. The intermediate is showing a turn as experienced before without hitting the lower bollinger band. I will cautiously now call that the intermediate term XAU may be a buy. PS, my RYPMX (XAU proxy) went up 7+% today.