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

To: Enigma who wrote (7064)	8/9/1999 4:24:00 PM
From: Zardoz	Read Replies (1) \| Respond to of 82076

Oscillators are not reliable indicators of future performance, only past. They are inherently wrong when a stock has a volatility swing that takes it to extremes such as ABX {may spike, June drop} the faster the stochastic, the worse the result. OBV is really meaningless now days. MACD, which is interesting for ABX, Is showing signs of degradation. I noticed your Ask Research shows the MACD above the line, and BigCharts.com shows it fixed below the horizon. But the trend is VERY similar to July 1/99 trend. Most of the trends, including RSI are very similar to July/99. Although this suggests that ABX is ready to drop like a rock, and a shorter should jump on, the POG is the real determinate. Might I suggest... ABX looks like it defying logic, Gold, and interest rates. Maybe a short covering rally? h