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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?


To: Al Serrao who wrote (4922)7/21/1998 1:30:00 PM
From: Mr. BSL  Read Replies (1) | Respond to of 34811
 
Al, Thanks for the heads up on BGEIX, the American (20th) Century gold fund. It appears that this fund has stuck with the major gold stocks. This is good because when it comes time to buy a gold fund, we want to be buying gold stocks such as ABX and NEM, not other metals stocks such as Alcoa or Reynolds! When the time comes to buy a gold fund, or for that matter an oil fund, I would encourage everyone to check the latest fund holdings to make sure the fund is not hedged when it's time for you to get in.

Right now, BPPREC is still in bad shape. It is one box away from giving a sell signal from below 30%! (Bear Bottom?) However, I am maintaining a manual chart for BGEIX and will be ready to move when the time comes.

later

duke60