Dutch Central Bank Sale Announcement Imminent? Message Board

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Politics : Dutch Central Bank Sale Announcement Imminent?

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To: Bill Murphy who wrote (531)	8/6/1998 7:59:00 PM
From: Crimson Ghost	Read Replies (1) of 81092

Bill: My expectation of a final washout was based on experience watching papa bear markets and the almost complete inability of POG to mount any kind of sustainable rally no matter what the news. But a final wave of CB selling does make a lot of sense. Hope you will be able to clue us in early on when they are finished. Looking at another sector of the market that has been brutally smashed, the OSX (oil service stock index) has plunged over 50% in 3 months and seems to have experienced a final capitulation selling climax this week. Hopefully we will soon see a similar final capitulation in gold.

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