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Politics : Idea Of The Day

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To: donald sew who wrote (5669)8/11/1997 5:02:00 PM
From: Ahmed Elneweihi   of 50167
 
I was looking into the September bond chart and found out there is a gap on the daily chart that developed by the action last Friday (gap at 114). Probably your step two scenario (a rise in the market) will be triggereed by a rise of the bonds to fill that gap. Step three could then start with the subsequent decline of the September bonds to the 111.0 - 111.5 range.

Did you arrive at your stock market scenario independent of bond market analysis? If so, then my bond scenario could be viewed as a confirmation from another point of view.
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