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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: bobby beara who wrote (26707)	1/22/1999 8:36:00 AM
From: long-gone	Read Replies (2) \| Respond to of 116762

<<If eye of newt goes my way, we get one last flush to clear out the dead wood and a mega neck snapping whipsaw reversal, that the XAU is so good at, to complete the final bottom. Well thats my script anyhow. -g- >> Bobby, Could this put the "whip" in that "whipsaw"?: BIS report on leveraged lending due next week NEW YORK, Jan 21 (Reuters) - The long-awaited report from the Bank of International Settlements (BIS) on lending to highly leveraged institutions will be released next week, Federal Reserve Bank of New York President William McDonough said on Thursday. McDonough, who also is the chairman of the BIS's Basle Committee on Banking Supervision, said the report was completed and studied by senior banking regulators of G-10 countries. The New York Fed will make it public at a news conference late next week. The report was commissioned in the wake of last year's global financial market crisis and the rescue of the highly leveraged hedge fund Long Term Capital Management (LTCM). McDonough, who has repeatedly has called for financial market discipline, said the report analyzes how firms can secure so much leverage and will include a section on recommended ''Best Practices'' on dealing with highly leveraged institutions, such as hedge funds. No other details were available. McDonough's remarks came during a question and answer session following a speech at a Bond Market Association conference. biz.yahoo.com How about the coming crash of today, Monday, Tuesday, and Wednesday(let's hope it is over by then). And could this the the "Saw" of your "whipsaw", as we all "saw" it coming? rh