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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Hawkmoon who wrote (43236)	10/17/1999 10:59:00 PM
From: Casaubon	Respond to of 116762

stochastics don't predict the extent of a move. Rather, they simply imply the cessation of a current trend. Thus, stochastics falling does not imply the price will. It could also imply sideways consolidation, or a mixture of both. The major chart pattern here would be a wide basing formation on the XAU followed by a breakout on huge volume, with a gap to the upside. Such reversals do not fill the gap, more often than not (murhy's words). In fact, if the gap is filled on a closing basis, that would portend further weakness. Therefore, if the gap doesn't hold, watch out below. If it does hold, and I suspect it will, the price of gold will continue north.

To: Hawkmoon who wrote (43236)	10/18/1999 6:52:00 AM
From: long-gone	Respond to of 116762

Somehow this fits, & all here might have an interest in it, but I'll forego any comments: Top World News Mon, 18 Oct 1999, 8:43pm EST Japanese Weekly Under Fire for Linking Sale of Bank to `Jewish Conspiracy' By Dave McCombs with reporting by Takahiko Huga Japanese Weekly Under Fire for Tale on LTCB, `Wall Street Jews' Tokyo, Oct. 18 (Bloomberg) -- A Los Angeles-based Holocaust remembrance organization said it asked Toyota Motor Corp. and nine other advertisers to help pressure a Japanese magazine to retract its article asserting that a ``Jewish financial clique' will ``eat up' 5 trillion yen ($47 billion) of Japanesetaxpayers' money. The Simon Wiesenthal Center contacted the companies after sending a letter to Shukan Post, Japan's second-biggest selling weekly, demanding a retraction and apology for its Oct. 15 story claiming ``Wall Street Jews' were behind the Sept. 28 agreement by Ripplewood Holdings, a New York-based investment group, to take over the failed Long-Term Credit Bank of Japan Ltd. ``Once again, we are witnessing the cloaking of anti-American sentiment in the garb of alleged Jewish conspiracies,' Rabbi Abraham Cooper, associate dean of the center, said in a written statement. ``The Wiesenthal Center demands an immediate public retraction from Shukan Post and its parent company Shogakukan.' Ripplewood's agreement to buy LTCB from the government agency that temporarily took control of the bank last year is the first foreign takeover of a Japanese lender. Critics of the sale have complained the government is effectively giving foreigners the billions of yen in public funds it spent trying to rescue LTCB. Ripplewood beat out a combination of Mitsui Trust & Banking Co. and Chuo Trust & Banking Co., two banks that are planning to merge next year. Toyota, Honda Motor Co., Kirin Brewery Co., Philip Morris Cos., MasterCard International Inc. and the other companies contacted by the center may use their role as Shukan Post advertisers to pressure the publisher. The Wiesenthal Center's Cooper took similar action against Japan's Marco Polo magazine in January 1996. Bungeishunju Ltd., also publisher of Japan's largest-selling magazine, eventually shut down Marco Polo. The magazine had run a feature asserting that key historical details of the Holocaust aren't true. After Volkswagen AG, which the center contacted, withdrew its advertisements from Marco Polo, the magazine's editor was fired, leading to the monthly publication's closure. Shukan Post and Shogakukan said no one was available for comment. A brief English-language translation of the Shukan Post's Oct. 15 article is available on the World Wide Web at weeklypost.com. quote.bloomberg.com