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Politics : Dutch Central Bank Sale Announcement Imminent?

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To: sea_urchin who wrote (17424)3/8/2003 1:42:47 PM
From: sea_urchin  Read Replies (2) of 81154
 
This is what John Murphy has to say.

murphymorris.com

>>>The Dow has undercut its February low. But, once again, the RSI is showing some positive divergence. All that means to us is that the market has reached a potential support zone and is looking oversold. It doesn't make us bullish. But it does argue against being too bearish as these levels and at this point in time.

...as we listen to the media talk about the rally in gold day after day (and with some resolution of the Iraq situation drawing close), we think this is a time to be more cautious on gold." Since then, gold stocks have taken a decided turn for the worst.

There's a time to act -- and a time to watch. Right now, we're in favor of watching.<<<

And this is the view from the MidEast:

ameinfo.com

>>>Darkness before the dawn, investors keep their nerve

Regional equities and real estate prices will boom once the Iraq crisis is over, although in Baghdad investors are already jumping the gun. A third great oil boom is in prospect.<<<

Anyone for a nice piece of real-estate in Baghdad?! Somewhere near the old palace!
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