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

To: sea_urchin who wrote (1369)	10/5/1998 1:46:00 PM
From: Ahda	Read Replies (1) \| Respond to of 81310

Dam step on your head while i am doing it least i won 't get my feet burnt.

To: sea_urchin who wrote (1369)	10/6/1998 12:01:00 AM
From: ForYourEyesOnly	Read Replies (1) \| Respond to of 81310

Pt Downside Breakout? All Pt longs, looks like it's time to break out the longboards......the surf is getting mighty rough.........the big drop today provided me with a "courtesy margin warning" from my broker......... If Pt breaks the historical low of $329 (correct me if I'm wrong), then where can we look for support? It might be wise to take a look at the yen charts. In yen terms, Pt is way above the historical low of 1134 yen/g on May 10, 1995. So while in $ terms there is no clear bottom support past $329, in yen terms we still have a major downside target! Right now we are holding on just above 1400 yen, but if we break it we might head for 1300........ Since a large amount of Pt is traded in yen, it makes sense to consider the yen technicals as well....I'd like to hear more opinions about yen charts vs. dollar charts & their relative validity/influence on the market. Good luck to all, THC