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

To: Tom Byron who wrote (8285)	10/29/1999 2:48:00 PM
From: PAUL ROBERTSON	Respond to of 82202

Tom, the 38 and 114 week fixed cycles have done the market very well over the while. My intermediate term moving cycle is possibly up into late next week. i say possibly as it is my experience that most cycles get blown to bits in runaway markets. With the extremes of fundamental sentiment near recent summer lows i believe that we are still in a very fast market which can only be dictated by what the market does into a tuesday. eg. the recent two successive highs came into tuesdays with the dec contract blowing off into late tuesday mornings at the $329 and $339 levels. The flush lows, also centered on the most recent tuesday turns, lead me to believe that we may have a major low in place with the down part of the 19 week cycle possibly occuring at much higher levels, at least higher than $339 basis dec contract. The orthodox low of this last tuesday, which really skrewed up my thinking, as the option expirery in London allowed for a new low may be it for the downside. Having studied gold over the years, it is sure to leave the majority of the bulls in its dust. Hope you enjoyed the mumbo jumbo and please keep in mind that i am fighting the fed with this thinking which of course is detrimental to ones wallet. Awaiting its decision anxiously. paul p.s. contrary to what Kaplan is saying, i believe lease rates will no longer be leading the price around as what is obviously going on is borrowing from peter to pay paul etc....as 49er has said, this game has been exposed and people now want their gold. There will undoubtably be movement only into the unhedged, as Ken said, why would one even consider holding the hedged?

To: Tom Byron who wrote (8285)	10/29/1999 7:36:00 PM
From: Tom Byron	Read Replies (2) \| Respond to of 82202

paul: but if we get a new leg up in the financial indexes, i wonder if gold will reverse its pattern of going the opposite ways of the us $ and and stock market indexes. See: (this chart has not yet been updated for this week) decisionpoint.com note the following breakouts: decisionpoint.com decisionpoint.com decisionpoint.com decisionpoint.com decisionpoint.com guru tom tosses everything but the kitchen sink into his postings...(:^J)... (tongue in cheek)...:)