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Pastimes : The Naked Truth - Big Kahuna a Myth
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To: Defrocked who wrote (61461)9/14/1999 9:30:00 AM
From: Defrocked  Read Replies (1) of 86076
 
The 112 handle occurred sooner than I expected.
The Dec low for bonds is 112-19 on 8/13/99. All
of the Aug employment rally is now gone from the
long bond. For a similar wipeout in expectations,
the Dec SPoo will have to travel 40 lower to the
1320 low of Thursday 9/2 before the blowoff open
of the Friday release. Such a move would breach,
temporarily of course -s-, the 200DMA of 1330.
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