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 (1681)	10/19/1998 5:10:00 PM
From: Crimson Ghost	Read Replies (1) of 81023

Bill: Looks like the gold bull will be on hold until we get a big sales announcement AND GOLD DOES NOT GO DOWN. That is what happened in ealy 1993. Until gold can hold up on bad news and/or react well to good news, not a chance of a decisive breakout. I have long considered reaction to news to be the single most important indicator of a market's technical health. Unfortunately gold's reaction to news -- both good and bad -- leaves a lot to be desired.

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