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 (2106)	11/6/1998 7:57:00 PM
From: Broken_Clock	Read Replies (2) of 80976

The US$ is really tracking the "bearish" rising pennant that the forex traders have been alluding to. Should that technical indicator bear fruit, look for the dollar to drop[ significantly by the end of next week. Given that Newt has bailed, one of two things may happen...a clone takes over or a real reformer(like Largent) jumps onboard. If that happens, I believe the spin for the DOW will be southward, as in down-do-be-do, down down. OTH, if the US$ breaks above the pennant then look for DOW 9500 and let the good times roll on towards an even bigger crash.

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