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Politics : Dutch Central Bank Sale Announcement Imminent?
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To: sea_urchin who wrote (16712)12/28/2002 11:32:16 PM
From: Gary H   of 81996
 
If I could bring up the " Pole and Pennant" business again, as Murphy states, " the pattern occurs at the midpoint of the market move". If this will be the case the diff. from 255 to 320 is 65 and added to 320 we would see approx. 385. And what about after that? Will there be a sizable correction and move on? I ask that thinking as most us do, that gold bull will go on for much longer. I think at some point I will opt for trailing stops while watching my indicators.
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