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

To: Zardoz who wrote (1950)	11/1/1998 6:51:00 AM
From: sea_urchin	Read Replies (1) \| Respond to of 81092

Hutch : Mr Decisionpoint has adjusted the XAU support line on this chart three times, since its recent top, and he's still bullish. decisionpoint.com He must be seeing something in his tea-leaves that prompts him to do it! To me, the XAU also looks very weak, especially considering how weak and vulnerable POG looks (to me). digisys.net But, to him it looks very strong. That's why I don't play short-term --- too many diametrically opposed opinions about the same thing !

To: Zardoz who wrote (1950)	11/1/1998 9:07:00 AM
From: chevalier	Respond to of 81092

Am I reading the chart wrong because it looks to me like the MACD is getting ready to give another buy signal?

To: Zardoz who wrote (1950)	11/1/1998 10:01:00 AM
From: Jim McMannis	Respond to of 81092

Hutch, I'm shocked by your chart. You use Parity Plus? We need to talk. Jim

To: Zardoz who wrote (1950)	11/1/1998 10:33:00 AM
From: Jim McMannis	Respond to of 81092

Hutch, Gold stocks don't do well anticipating a recession. They will do well anticipating inflation. Typically they do well during the last phase of a fall in rates and at best during the signs that rates will turn up. Then they only go as far as it's perceived that rate hikes are sufficient to slow the rate of inflation. They situation is a little different this time, skewed by external factors contributing to the perception that disinflation is the longer term trend, helped along by economies falling around the world and that being imported here. Based on the short term indicators that you are using you should be somewhat immune to this effect if you trade, which it appears you do. BTW, the program you use is exceptional in that you can line up about 8 indicators. This is very important in my work. Jim