Holy Batman, to the Gold Cave , Robin.
I just put two and two together,
March 21, crackpot and B O E auction, !!!!!!
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Sure am going to watch march 21, or after .
I like this crackpot. XXXXXXXXXXXXXXXXXXXXXXXXXXXX
To: Robert J Mullenbach who wrote (356) From: Robert J Mullenbach Thursday, Mar 9, 2000 2:25 AM ET Reply # of 361
This is really big news here, keep it just to us Gold Bugs.
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Gold could very well be close to a bottom, though the cycle is kind of magnified. Around March 21st we should see some interesting action, this is an important date for Gold, if the metal turns higher it could be a positive sign for the rest of the year.
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I like crackpot ideals.
Prediction (Latest Update March 8th 2000, new text in blue): The Long Term cycle for Dow Jones is down towards 2003, see The WCA Grand Cycle. The current negative cycle (Medium Trend, for Dow) should be extended towards the end of October with a sizeable correction in July. The October rally should be extended into the early part of 2001.
Was this a "dead cat bounce?" Dow Jones WCA, Closer View suggested a bounce today (3/8). This indicator have pretty much predicted every twist turn lately, and it is incorporated in Dow Jones Crash Chart, which keep looking more and more interesting as we move closer to the "suggested CRASH." Gold could very well be close to a bottom, though the cycle is kind of magnified. Around March 21st we should see some interesting action, this is an important date for Gold, if the metal turns higher it could be a positive sign for the rest of the year. Bonds have pretty much behaved in a sideways pattern, as suggested some time back, but is getting ready to move higher after the middle of this month.
home.c2i.net
Happy 21.
Market Report (3/13/00): Gold started the week on a positive note. Gold is reacting primarily to the dollar getting hammered against the euro and yen, and world stock markets in an ugly overnight slide. A sharp fall in Asian and European equity markets -- the biggest in Tokyo this year led by high-flyer technology stocks -- overnight had investors thinking yellow, and what started as a mild rally overseas gained momentum as New York trading opened. This week we have some important government numbers being released including producer prices on Thursday and consumer prices on Friday. The gold market appears to be undeterred by the upcoming Bank of England auction on March 21. These sales have been pretty much factored into gold pricing already and have had a decreasing effect on the market as they've progressed -- something we predicted when the BOE first made its announcement some months ago. Recent surveys show the British public largely opposed to the sales. A heads up -- Along with the gold auction on the 21st, the Federal Open Market Committee w
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