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Politics : Dutch Central Bank Sale Announcement Imminent?
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To: sea_urchin who wrote (11674)7/26/2001 11:42:15 AM
From: Tom Byron  Read Replies (2) of 81260
 
let me put things in perspective:

1. the xau index ends the current 19 weeks cycle down TIMEWISE on friday, aug 24, 2001. that be about 1 month away. ok.

2. the spx index ends is 19 weeks UP cycle in 2 weeks on august 10th....ok.

3. the us dollar is in the process of top (like downwise)...ok

so we DO have heavy downward pressure working on the gold complex at this time....BUT i say that uptrend line from 11/17/00 will hold....

ya heard it all first right here from gueee tom.

amem....as i jump off the trying to get my point across box.....:)
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