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

To: Jim McMannis who wrote (2176)	11/13/1998 4:08:00 PM
From: sea_urchin	Read Replies (1) \| Respond to of 80950

Jim : "If he loaded up on oil and gold futures and invaded Kuwait and Iran he'd have all the money he needs." Saddam must have been taking Hutch's prognostications about XAU 50 seriously, so he chickened out!! Re The "Rubber graphs" --- he gives an explanation how he does them: Sigma Bands The sigma bands chart is a indication of the overbought/oversold nature of the time series. The dark center line through the data is a long term trendline. The three lines above and below this trendline are the 1, 2 and 3 standard deviations of the actual data from the trendline. Anytime the data deviates above or below two standard deviations from the trendline, an extreme condition is being reached, and the probabilities for a reversal start to increase. It's at these conditions one should consider changes in their positions. Curvilinear Envelopes The curvilinear envelopes is a cycle analysis technique originally suggested by J. M. Hurst in his 1970 work "The Profit Magic of Stock Transaction Timing". Here one sees how the data fluctuates between a set of inner and outer envelopes. The inner envelope represents the dominant cycle and the outer envelope represents the trend after the cycle is removed. If one knows which way the envelopes are going to go, one has a forecast of the direction of the time series, since the data always remains nominally within the envelopes. The cycle at the bottom of the graph is based on computations on the inner and outer envelopes. The "len=..." is the average length of the cycle shown.