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Strategies & Market Trends : Shorts waiting to happen

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To: Cadaver who wrote ()7/18/1996 9:13:00 PM
From: bobferg   of 852
 
All:

Thought I would throw out a word of caution. Sept 96 T-Bond futures closed today at neckline of loose H&S bottom formation. Excluding Employment report Fridays (first Friday of each month), bonds have been up nine of last ten non-report Fridays. An upside breakout here would only fuel current equity rally.

Bob
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