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Politics : Dutch Central Bank Sale Announcement Imminent?

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To: sea_urchin who wrote (5857)5/6/1999 2:22:00 PM
From: Broken_Clock  Read Replies (1) of 80892
 
Searle,
Looking at today's action, I'm not sure. XAU gapped above the 1997 resistance but is just churning lower. Consolidation waiting for POG to catch up a bit? -g-I fully expect the xau to retrace and ride down the upside of that resistance line but I could be wrong. Let's see the close today and tomorrow. If xau holds/moves higher....then look out! NEM "beat" by a penny. A whopping 6 cents over expected 5 cents. Street must be looking forward. What do you think of my idea that GS, MER et. al. have been hedging their POG shorts with going long xau?
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