Dutch Central Bank Sale Announcement Imminent? Message Board

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Politics : Dutch Central Bank Sale Announcement Imminent?

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To: chevalier who wrote (1383)	10/6/1998 9:51:00 AM
From: sea_urchin	Read Replies (1) of 81821

Ari --- you may be surprised to hear that some of the regression models I do of the US market show that an upturn is possible. Because that seems to be such an unpopular view, at the moment, I keep quiet about it. Unlike Ms Cohen, I don't have to make a living from fortune-telling, so I can. A similar situation happened with the gold price in 1996. My models showed a significant down looming but everyone on the group (it was at Kitco, those days) was so optimistic for gold and poo poohed any bearish comment, that I shut up. I needn't tell you that the models were correct and "popular" opinion was not.

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