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

To: Alan Whirlwind who wrote (16312)	11/27/2002 4:46:31 AM
From: sea_urchin	Read Replies (2) \| Respond to of 81987

Al, is that guy actually making a forecast or is it all thumb-suck? >>>The fundamental and technical elements are conspiring to produce a 40% surge in the USD price of Gold over the coming 3 months. The immediate small-scale structure allows for a final dip to 315/312, but with or without this last manoeuvre, an upside break of 329 would signal a direct acceleration to a major long-term inflection point crossing 350. Acquiring long positions at that time may become difficult as the 350 barrier is likely to be pierced via an enormous gap driven by an exogenous tragedy. Volatile trading should push to 400 before falling back sharply and then continuing as far as 450 at the end of JAN03. A decline through 310 is not anticipated but would signal further consolidation back to 295 without voiding the eventual upside scenario.<<< POG can go up 40% but it can also go down to 312. An upside break of 329 would signal a break-out to 350. (Which we all know). A decline to below 310 is not anticipated but could happen and, anyway, if it did, the outlook is still bullish. And this chart--- polarpacific.com ---- out of nowhere, and based on nothing, he simply draws in a line to 450.