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


To: Tom Byron who wrote (6168)6/5/1999 2:53:00 PM
From: Tom Byron  Respond to of 81050
 
so the financials took a little bounce up this week...ok...got to keep the folks in the game...also i thought that the slow stochastics for the s&p 500 weekly chart was heading south a little bit to fast...should get a nice bounce up on this weeks update monday night...and then more downward pressure...into early/mid-july, 99....not be a fundamental type but have been playing around with the idea that between now and the next cpi report (believe its due out 6/16 that we get a big drop in the xau that puts us below that 48 number...and then we get more inflatiion news with the cpi report....bond yields shoot up, financial down and the xau and gold put in their bottoms....this is just SPECULATIVE thinking only...just a possiblity...there are probably other senarios that other folks can come up with that would point to a bottoming action around mid-june.....IMHO...[*;*]