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Politics : Dutch Central Bank Sale Announcement Imminent?
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To: sea_urchin who wrote (907)9/10/1998 2:05:00 PM
From: Jim McMannis  Read Replies (2) of 81880
 
Searle,
What would you like to know about cycles?
They can make a good addendum to other TA work. Like everything else, they aren't always on time. XAU seems to have bootomed a few weeks short of the 38 week cycle.
Meanwhile, First Asia, then Russia and now CLinton is dragging the markets through the mud.
Gold hasn't reacted this way for a long time...as a safe haven.
Some talking heads on CNBC are even suggesting 5% as a hedge. Better than a kick in the pants. I wonder how long it will last.
Jim
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