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


To: Richard Mazzarella who wrote (160)4/26/1998 2:16:00 PM
From: Jim Battaglia  Read Replies (1) | Respond to of 972
 
Richard, this week should tell the story. Rydex Ursa moved above its 13 and 26 day moving average. This is usually a early warning sign, but not a definite because it whipsaws regularly. The McClellan Osc is negative but I like to see the Technology issues fall below their 19 day moving average before I wouldn't short anything yet. Usually Tech declines preceed market declines...and that hasn't happen yet either...just my opinion!!!!

Jim investnbest.netmegs.com