Dutch Central Bank Sale Announcement Imminent? Message Board

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Politics : Dutch Central Bank Sale Announcement Imminent?

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To: Zardoz who wrote (2421)	12/2/1998 5:54:00 PM
From: Broken_Clock	Read Replies (1) of 80963

nice charts. I agree that DXY has solid ceiling at 97ish. One attempt has failed so far. The decisionpoint dollar chart shows dollar has broken down from the steep rebound of recent weeks. the DOW is showing a H&S on the hourly candle chart.http://www.iqc.com/chart/default.asp?period=120&chart=candle&chart1=bb&time=60m&i0=1&i1=6&i2=3&i3=7&db=&s=linear&symbol=%24indu It does seem as though the xau is showing increasing weakness compared to gold...perhaps xau is bringing the gold/xau back into alignment. Is comex close to 50/50 on net long vs. short? is there an imbalance? how will this play out as some roll over and some close out? I would agree that gold is not too snappy considering DXY has faltered, whcich leads me to believe that traders think the US$ may have one last charge towards 97???

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