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

To: Jim McMannis who wrote (1948)	10/31/1998 8:58:00 PM
From: Tom Byron	Respond to of 81068

current cart analysis of the Weeklies (s&p 500; amex s&p midcap 400; and the russell 2000 all show that we are still in wave 5 up) none of the charts which i have looked at today appear to have been updated for last weeks action but expecting the s&p 500 to show both slow stochastic lines now over 80. (have an e-mail into bigcharts to try to get info on their updating policy for the weeklies). if the updates show that the above is true, we are now in position for a move down to NEW lows. the 6th wave tends to put in a new closing low. since this cycle is extended in time price wise (now into 4th week beyond the bottoming of the 38th week time cycle) would not be surprised to see a "quick and nasty" downturn. (a post halloween scare).. the current s&p 500 MONTHLY chart shows both lines on the slow stochastics now meeting. the blue from the upside (bouncing off the bottom) and the red coming down from the top to meet the blue. library now closing. that is from me. H-A-P-P-Y H-A-L-L-O-W-E-E-N.!!!

To: Jim McMannis who wrote (1948)	11/1/1998 12:43:00 AM
From: Zardoz	Read Replies (4) \| Respond to of 81068

"The answer to that is quite simple. The Gold stocks discounted a recession. They've done that several times in the last 18 years." You're suggesting that this chart: {area between the red lines} mypage.direct.ca is a sign of the Gold stocks discount a recession, but the gold stocks do best in a recession or high inflation. They just do terrible in a low inflation enviroment. True? With the XAU is a sign of overbought, and the MACD near a possible inflection point. A drop to 50 is possible by Nov 30.