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


To: Tom Byron who wrote (8971)3/9/2000 2:19:00 PM
From: PAUL ROBERTSON  Read Replies (1) | Respond to of 81086
 
it will be interesting to see if those market maker covered written call positions, that have probably been delta lifted this week, will relieve the downside pressure on the POG next week.
Caught Batman on CNBC this am. i think he is very correct on the P&G's, Gillete's, Coke and Pepsi's of the world, they are globally saturated. Tech companies, however, have not even scratched the surface outside of the good old USA but with the life span of cellphones, computors etc... getting shorter by the day in this throw away world. My guess is, that the earths resources are going to be taxed to the limit, even more so than one would or could think in our drug like addicted paper global economy. Fresh water could be one of many commodities to pull palladium style runs. The green movement might eventually become quite political.
paul



To: Tom Byron who wrote (8971)3/9/2000 2:50:00 PM
From: PAUL ROBERTSON  Read Replies (1) | Respond to of 81086
 
BTW, my computor crashed yesterday. Spent the whole day getting it back up and running. What a waste. Going to have to virus update on a weekly basis rather than monthly. Thank goodness most of the important files are now stored online. Have to tell you though, was thinking of buying a backup and am now wondering if i should not maybe visit the library, like you, a great deal more than i do already as there are always three or four high powered machines that lay unused and waiting. One good thing, got all sorts of space back. Perhaps a good cleanout does not hurt, say once a year.
paul



To: Tom Byron who wrote (8971)3/9/2000 7:49:00 PM
From: Tom Byron  Read Replies (1) | Respond to of 81086
 
not surprising to see a bounce in the spx 500...it's a little more than 9 1/2 from it's top (the lst week of this year began the downturn which ended with the completion of the 2nd 38 weeks cycle from that 7/20/98 top...ya know, 9 1/2 + 9 1/2 = 19...blab, blab, blab.... 1 down, 2 up, 3 down = 19 weeks....duh!!

the spx daily chart, as of today's action, has NOT broken it down channel.

also on the "daily" spx chart we "might" have entered the 8th wave from that 1/1/2000 top...doing a little bounce and then maybe finishing off the 9th down with a "bang"...like possibly taking out that 10/98 low of 1240 (or there-abouts)...that only 160 points down from where we are now...hmmm, st patrick's day is coming up shortly, 3/17/00...luck of the irish, well, i be part irish on my father's side.......:)))