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Strategies & Market Trends : John Pitera's Market Laboratory

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To: John Pitera who wrote (65)2/17/2000 1:11:00 AM
From: N   of 33421
 
What a speedy find about the benchmark! Not knowing the players as you do, I take it, it's Gross's modesty that amuses.

Nothing but inside range days on NDX and Comp, at top over Bollinger band, above MA's...wonder what happens next?

Nancy

Graph of the COMP:
bigcharts.com

Mr. Benchmark:
Debt futures ended narrowly mixed in quiet trade. It was another session of waiting: waiting for Gensler, waiting for Greenspan. Gensler is Treasury Undersecretary for Domestic Finance Timothy Gensler, who was scheduled to speak at a luncheon in Washington. Gensler became a household name in the world of government debt two weeks ago when he talked about the possibility of the 10-year note replacing the bond as the benchmark as the government continues to run budget surpluses. He didn't say anything that moved the market so the market turned its attention back to Greenspan, as in Federal Reserve Chairman Alan Greenspan, who delivers the first leg of his semi-annual Humphrey Hawkins testimony on Thursday.

from
cbot.com
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