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


To: kirby49 who wrote (14850)7/19/2002 11:35:31 AM
From: sea_urchin  Read Replies (1) | Respond to of 82374
 
Bob, there are two reasons why I said today will be the Day of Reckoning for the PPT.

1. Their valiant attempt on Monday, when they enabled the Dow to "recover" 400 points, has come to naught. The market is looking worse than ever and USD Index is below 104. In fact, they have taken a serious loss.

2. Gold price is back to +/-$325 and looking real strong after being beaten down to $312.
quotes.ino.com
If POG can hold and then go up, as I'm sure it will do even if it takes some time, all the shorts will be burned.

Of course, I don't think the PPT guys are stupid. It's just that their game is over, as you say. The wheel turns.