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Politics : Dutch Central Bank Sale Announcement Imminent?
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To: Tom Byron who wrote (1329)10/4/1998 12:25:00 PM
From: Jim McMannis  Read Replies (2) of 81621
 
Tom,
Unlike the 38 week cycle lows, the highs inbetween don't seem to come on 19 weeks with any regularity. Since you are a firm believer in these cycles and base most all your bets on them...do you restart the 38 week cycle at the low in early September or when it was supposed to happen at the end of September or are you still waiting for another low in a week or two and will count that one as the low and recalibrate?
Now, According to my XAU overbought and oversold indicators we are in intermediate term overbought territory now and will hit yet another overbought level I use if the XAU can get a few more points. This would correspond very nicely with Searles WAG of 85.
So, if your a trader which you are, looks like some short term profits
can be taken shortly. <G>

All the best, Jim
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