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


To: Mark Bartlett who wrote (3046)1/13/1999 9:57:00 AM
From: Pete Schueler  Read Replies (1) | Respond to of 81846
 
Anyone else want to predict if today's stock market rout will trigger a 3PM rally by damage control? I think it's very likely.



To: Mark Bartlett who wrote (3046)1/13/1999 10:16:00 AM
From: Ahda  Respond to of 81846
 
These are uncharted waters, AG is such a large part of both the IMF and the USA financial process.
The Yens new strenght allows it lower productions cost as Japan as USA exports labor costs.
The question of a death spiral int terms of DOW. I don't think so. There could a a later point be a recession. There could be many bumps and dumps along the way. I would prefer a quick downward move and more realalistic growth pattern that would prevail.

More thoughts from a selfish point of view on a slightly foggy not too cold morning in LA.



To: Mark Bartlett who wrote (3046)1/13/1999 4:16:00 PM
From: Bill Murphy  Read Replies (1) | Respond to of 81846
 
MB,
May not be too much longer. They could start losing control soon. Noted bullion dealer seen defending a very big short position today. Should have a derivative blow up again soon. Need a catalyst to kick the gold move off.
Silver will most likely trade $5.80 to $6 within two weeks.

Bill