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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: pater tenebrarum who wrote (65562)9/30/1999 8:36:00 PM
From: NickSE  Read Replies (1) of 86076
 
heinz,

IMO, the FED should be more worried about the USD and not the bond. USD (Dec. - DXZ9) has given a P&F sell signal today at 98.2 and looks to be headed further (91.0± P&F price projection) while the bond seems to have found pretty solid support around the 112.5/113.0 area.

Whadda ya think?...FED raises 1/4pt to save the dollar???

U.S. Dollar Index December 1999 (NYCE:DXZ9)
charts.quotewatch.com

Treasury Bonds 30-yr December 1999 (CBOT:USZ9)http://charts.quotewatch.com/charts/futures/CBOT/USZ9-intraday.html

Nick
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