Golden Play with ASA Ltd.

by Sam Collins   05/08/09
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ASA Limited (ASA) -- This publicly owned investment manager invests primarily in value stocks of companies and in gold, silver, and other precious metals.

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ASA broke from an ascending triangle on a bullish formation called a gold cross. The target for this breakout is initially $65 but longer-term investors could see ASA back to its old high of over $90 made in early 2008.

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Sam Collins is a registered, fee-based portfolio manager who may be contacted samailc@cox.net. You can also check out an archive of some of his most recent market outlooks by clicking here.

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