Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?

To: Enigma who wrote (6211)	6/7/1999 7:18:00 PM
From: Tom Byron	Read Replies (1) \| Respond to of 81118

hard to respond since my system is 100% technical...the important thing right now is TIME...the end of the 38 and 114 weeks cyces TIMEWISE are upon us....mid-june says the end of the TIME CYCLE..BUT as always, the PRICE BARS can end earlier or later....not personally inclined to pick specific dates for the bottom...we ARE off about 100 point from the xau high (was it 155)...just waiting for one more move down to below 48...and then me be happy...:)

To: Enigma who wrote (6211)	6/7/1999 8:38:00 PM
From: long-gone	Respond to of 81118

<<Seriously, though, we may be at that time when all the bugs are so discouraged and gold is so out of favour that we have a classic contrarian buy? It would be interesting if we could look back at other lows for a reading of sentiment - but of course there were no chat lines then - and this low is unprecedented - after all the one 20 years ago was after a run up from $35 in 1971 - so it was a relatively short term low. >> Last week on CNBC I heard someone say this very thing, but he prefaced the statement with "Were it anything other than gold".