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


To: Alan Whirlwind who wrote (7383)8/24/1999 2:09:00 PM
From: PAUL ROBERTSON  Read Replies (1) | Respond to of 81463
 
Al,

Confusing, is it not?
1.daily cycle possibly inverting now which could mean either direction. Daily flag formation has got to break out to be of use. Do not like the way xau rose into this am.
2.weekly cycle pointing up for about two to three weeks.
3.like Bob said, we may be going nowhere for the time being.
4.weekly bar and point and figure gold charts project much lower, just above the $200 level but could be shaken off should we move beyond the $275 level.
5.lease rates looking good for a change. I believe this is due to the CB's quickly sympathizing with the African situation and the problems it may be causing or about to cause. Searle would know most about this.
6.i started to pyramid a long position but will not hesitate to blow it out should the daily xau formation begin to deteriorate.
7.too many people feeling good about a bottom here. We need many more spitting at the situation, like Hutch.imo

Take Care,
Paul