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

To: sea_urchin who wrote (17418)	3/6/2003 4:08:01 PM
From: sea_urchin	Read Replies (5) \| Respond to of 81143

Latest Aden report WeeklyMarket Commentary March 6, 2003 By Pam and Mary Anne Aden WAR TENSIONS AFFECTING ALL MARKETS The stock market is weak. The Dow Industrials is at a five month low as fears of war intensify and it'll stay weak below 7950. With the U.S. dollar and some of the European stock markets at new bear market lows, we'll likely see U.S. stocks follow. The Dow Transportations is now very close to its October low and if it closes below 2013, it would be the first major U.S. stock index to hit a new bear market low, which would reinforce the Dow Industrials will too. Gold's been in a downward correction for four weeks now and it'll remain under pressure below $359. The low so far was posted on February 18 and if gold now stays above this low at $344 basis April, the downward correction is nearing an end. And if it is, which is becoming more likely as the dollar falls further, the decline was mild showing good overall strength. War scares and weak stocks are also keeping upward pressure on bond price as they approach their October highs. If these levels are broken, bonds would be very strong and a renewed bull market rise would be underway. Gold and bonds will likely continue to benefit as safe havens as the war drums beat louder. But unfortunately, stocks and the dollar will not. For now, the markets are poised for war and the major trends are reinforcing that outcome. adenforecast.com