Dutch Central Bank Sale Announcement Imminent? Message Board

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Politics : Dutch Central Bank Sale Announcement Imminent?

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To: Gary H who wrote (18173)	5/3/2003 11:47:43 AM
From: sea_urchin	Read Replies (1) of 82007

Gary > where is the safe harbor in this environment?? I can't say about a safe harbor but certain price changes are very interesting and one might, as a speculator, take advantage of them. 1. S&P is just breaking through its long, down, resistance line. Stochs still going up. Technically, this could mark the end of the bear market and, in the circumstances, it would not be unreasonable to expect a big jump upwards with an associated big increase in "confidence". treasurestatefutures.com 2. USD turned down very sharply to confirm the downtrend treasurestatefutures.com 3. Euro in clear uptrend treasurestatefutures.com 4. Sterling looks like it's on its way up again treasurestatefutures.com 5. Gold has turned up and it's possible the previous uptrend will be resumed. (Damn, and I'm out!) treasurestatefutures.com 6. Silver has also turned up again treasurestatefutures.com Opinion: For what it's worth, I think the US stockmarket, currencies and the precious metals are all responding to inflationary pressures in the US. In the circumstances, I wouldn't be surprised if the Fed raises interest rates.

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