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Strategies & Market Trends : AMIGOS INVITATIONAL YEEHAW PORTFOLIO

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To: James Strauss who wrote (852)8/4/1999 6:14:00 PM
From: j g cordes  Read Replies (2) of 1316
 
End of Day commentary... some special charts, be sure to see the last

Everyone can see that Carbide held the Dow avg up, otherwise it would be down about 150. Declining volume led advancing 54 mil to 21, and winning stocks lost to loosers 10/19.

Drilling led oil sector down, yet cruise lines and entertainment were up nicely.. its summer.

The Dow's oversold but not overdone
tscn.com

For the SP500, a 1/3 retracement would be down at 1254, which would appear to be well done unless interest rates do become a problem
tscn.com

As one can see here the 200 day moving average on the 30 Yr. Treasury is giving Prozac Palpitations to Bond traders and allocation specialists:
tscn.com

Jim
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