MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 679.68

+0.7%

Nov 26 4:00 PM EST

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To: Lucretius who wrote (35649)	12/21/1999 6:45:00 PM
From: pater tenebrarum	Read Replies (1) of 99985

did you check the soaring t-bill yield? anyway, as long as the t-bond stays within the rising wedge pattern from last years lows it could still reverse. note that Rydex ratios on bonds are creeping up. otoh, if we break that pattern to the upside, we could be in for an acceleration in the bond selling. gold is moving up smartly...staying strong in Asian trade. there is some time-segment/cycle analysis that suggests the big upward break in gold prices could happen in January.

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