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Pastimes : The Naked Truth - Big Kahuna a Myth
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To: xstuckey who wrote (80510)12/20/1999 4:07:00 PM
From: pater tenebrarum  Read Replies (1) of 86076
 
X, if you look at an LT gold chart, you can see that the sell-off after the BOE announcement had all the hallmarks of a capitulation. what we have seen since (including the run-up following the ECB announcement) was merely a blip on the road toward normalization imo. the only market moves i can discern that have remotely to do with Y2K are the strength in the dollar and the melt-up in stocks. the former due to a mild case of capital flight and the latter due to the market's heroin dealer AG and his free money through the backdoor program.
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