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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: russwinter who wrote (3133)12/10/2003 6:34:02 PM
From: Jim Willie CB  Read Replies (2) of 110194
 
TNX (Ten-yr TNote yield) at critical point here
I call the chart an upward biased Head & Shoulders bull pattern

stockcharts.com[h,a]waclyyay[df][pb50!d20,2!f][vc60][iUb14!Uh15,5,5]&pref=G

we are now revisiting the right shoulder
support is found here by the 20day MA

with relaxed Fed policy on hold, we got a 10-12 bpt jump yesterday
I expect more of the same
which will be a face slap to Greenspasm (Mr Magoo)

/ jim
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