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

To: Alan Whirlwind who wrote (14870)	7/20/2002 6:54:18 PM
From: sea_urchin	Read Replies (1) \| Respond to of 82374

Al >A further fall is unthinkable Maybe it's time to think the unthinkable. buzzflash.com Sure, there may be a bounce of sorts but that won't alter what's happening. Indeed, the way I read it is that many people actually want a bear market. In fact, this is the first politically inspired bear market that I've experienced. "The Dow Industrials have begun to fall hard because foreign investors – who generally prefer to buy the stocks of household names – have begun taking their money out of America. According to a report by the Federal Reserve, foreigners are now withdrawing their funds from this country at a greatly accelerating pace. The reason is simple – they do not share the parochial view that George W. Bush is doing a great job."

To: Alan Whirlwind who wrote (14870)	7/21/2002 9:21:07 AM
From: sea_urchin	Read Replies (2) \| Respond to of 82374

Al, possibly some good news on the gold technicals. The downtrend on the longer-term stochastics could be reversing. treasurestatefutures.com But the PPO and ADX on the weekly XAU charts still look weak. stockcharts.com[h,a]waclyiay[df][pb50!d20,2][vc60][ill14!le12,26,9] In fact, I have the feeling that the index could come right down to its lower Bollinger Band (red line) before any serious upturn can begin. As you say, silver doesn't look too bad. treasurestatefutures.com