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

To: yard_man who wrote (536)	8/7/1998 11:02:00 AM
From: PAUL ROBERTSON	Read Replies (1) \| Respond to of 81091

Hello All, Hang Seng broke down,chart wise,big time last night.This is why yen and gold weak this morn.Bank of Canada raised rates this am in support of dollar even with unemployment up.With a potential devaluation in the cards for Hong Kong dollar,certainly the Chinese will not be far behind.Expanding deflation looks like a reality.If gold drifts toward $270 level,bounces and then cracks,we are likely going to be looking at,at least $100 lower.In technicals,the longer a long standing support zone holds with less energy on the rebounds,the further and harder the fall.Cdn dollar is a perfect example of such a formation.Keeping in mind that the break down points are more often than not retested or revisited before the real damage is done.Therefore,the Cdn should,just by means of probabilty,revisit .67-.68 cents before continuing south to below .50 cents. People I know are calling me crazy but chart formations do not lie.Combined with cyclical study,they are potent. Good Luck, Paul

To: yard_man who wrote (536)	8/7/1998 1:10:00 PM
From: Bill Murphy	Read Replies (2) \| Respond to of 81091

tippet, I cannot even call in to get quotes. Too painful. I do monitor what is fundamentally going on with those juniors that I have invested in. What I mean to say is I am not sticking my head into the sand - just do not like that masochist feeling. Some juniors will not make it. The ones that do, and I like to think the ones I have will, should prove to be mega home runs down the road. And the U turn on this down hill, never ending slide should not be to far off. I used to own Dayton. Do not now. Am going to look into it with greater intensity from here on in. I know they have some debt problems, but I think their plant and equipment is worth around $60 million. Bill