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

To: Tom Byron who wrote (5957)	5/9/1999 5:42:00 PM
From: sea_urchin	Read Replies (2) \| Respond to of 81118

Guru : I have a question for you. If POG doesn't fall over the next week or so, particularly after the announcement of the UK CB to sell half its gold, then would you say the situation is bullish? PS. Did you see the stochastics? digisys.net

To: Tom Byron who wrote (5957)	5/9/1999 6:13:00 PM
From: Tom Byron	Read Replies (2) \| Respond to of 81118

ok. now the russell twoee..like the xau, the russell 2000 is closing in on the end of its current 38 weeks cycle AND also the end of its 114 weeks cycle...price wise it seem that end is about 3-4 weeks away and TIMEWISE the bottoming could be about 8 weeks away...that would put the bottoming in july...am sticking with my previous statement that the russell 2000 topped ot in 4/98....it is very close to beginning a 9th wave down from that april, 1998 top...and since that 9th wave down will commence at the same time as the ending of it's 38 and 114 week's cycles, the downward pressure will be very strong...i say that by the time it bottoms, it will break it's previous weekly closing lows of 315 (last fall)..the s&p 500 will be shortly entering it's 9th wave from the july 20, 1998 highs....don't know at this time, if it will break those last oct low...stay tuned...yours in doom and gloom, guree tom...:(