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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: Paul Shread who wrote (5356)4/9/2001 11:38:21 AM
From: Terry Whitman  Read Replies (1) of 52237
 
Interesting bit on the radio station there. Another contrarian indication that a bottom may be near.

As far as when the CB's quit selling gold- Got me. It looks like they will quit selling either when:

a) They run out (which is close to happening for many of them. Note that the B of E recently tried to borrow some from Lebanon to sell ).
or
b) The price of gold moves up significantly. They tend to sell at the worst possible time, so if we see a good rally, they no doubt will cease their selling. <ng>
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