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Non-Tech : Dorsey Wright & Associates. Point and Figure

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To: OX who wrote (4328)1/4/2000 7:34:00 PM
From: NickSE  Read Replies (1) of 9427
 
Hey OX,

I've been keeping a close eye on that index along with the March T-bond (DWA symbol - USH0). Fresh new low yesterday at 90'16/32" combined with the recent stream of sell signals on the DJBB points to still higher interest rates ahead. Banks (BIX & BKX) also getting hammered since the new low.

Regards,
Nick
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