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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 (162)	4/27/1998 11:56:00 PM
From: Jim Battaglia	Read Replies (1) \| Respond to of 972

Well, it looks like a good call. I still think it may be early to get in a bear fund, but who really knows. This market has had a good record of bouncing back. I feel today was a knee jerk reaction...tho the market has soon some internal weakness...I wish you success with the switch. Keep us informed.

To: Richard Mazzarella who wrote (162)	5/2/1998 1:18:00 PM
From: Larry S.	Read Replies (1) \| Respond to of 972

Richard, Barron's GMI was 463.14 on 4/30, down significantly from 487.85 last week. With the POG at 306.90, the ratio is 1.51, also down significantly. However. the indicator is still in the neutral zone. Thank you for posting your reading of the Forecaster. I was pleased to see that gold held above 300 and that the XAU recovered a bit at the end of the day Friday. I expect announcements concerning the EMU could have a major impact next week. Cheers, Larry