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


To: Tom Byron who wrote (3415)2/14/1999 7:09:00 AM
From: sea_urchin  Read Replies (2) | Respond to of 81068
 
Tom : Actually, I agree with you.

My own multiple, linear regression models have shown for months already, providing the currencies remain more or less as they are, that POG could/will fall to +/- $270 before the true "bottom" is achieved. This is using data going back to 1982 (17 years).

These models have been consistently correct since the start of the bear market in 1996. To the extent that, because of all the bullish talk on the various forums, I actually ignored them, believing they were flawed. After all, when so many experts opine and agree, who am I to disagree?! Even now --- or should I say, especially now.

Accordingly, I do not expect that the present rally will spawn the new bull market.



To: Tom Byron who wrote (3415)2/14/1999 5:16:00 PM
From: Tom Byron  Read Replies (1) | Respond to of 81068
 
by the way, that crb break from the 9 weeks "closing" range has the potential for a 10 points + move down....see prior breaks to the downside from prior long term range moves.(...think of a waterfall!!)