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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Haim R. Branisteanu who wrote (253293)7/31/2003 12:32:44 PM
From: UnBelievable  Read Replies (1) of 436258
 
I'm Not Disagreeing With You

First, generally when the Fed is in a market you can see it. They are not subtle, and since there intention is to move the market not profit from those movements, their objective is actually better served by being blatant.

The last two days bounce in long bonds was just a bounce from oversold at daily and weekly support.

What happens today remains to be seen. Right now we are trading below Monday's low.
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