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

To: Larry S. who wrote (368)	5/9/1999 7:52:00 PM
From: Dan P	Read Replies (4) \| Respond to of 972

Larry: Thank you for your comments. It is interesting that Marantette's issued a sell on the golds, but the charts that I follow (and evidently, yours as well) haven't indicated an real reversal in the gold shares or the gold funds. For example, on the gold-eagle fund average, we don't have a traditional reversal below the 200-day moving average yet. tscn.com Likewise, on the Wallstreetciy chart, there is no sell signal on the gold funds (fidelity in this example) yet. tscn.com. So, it remains to be seen if there will be a follow-through to the selling on Friday, or whether this is just a correction in a new up-leg. Regards and Happy Mother's day Dan