APMP (formerly APM) Message Board

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Strategies & Market Trends : APMP (formerly APM)

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To: greenboy who wrote (2567)	8/26/1997 2:00:00 PM
From: Gregory Cole Brock	of 13456

gb, Bonds rates have been dropping all day after early scare. They are at the low of the day. Last time APM hit 38 1/4 it sold off due to several factors, gap coverage, 3 day run ending(typical for apm recently), and long bond busted 6.5 starting the correction. This time we are in the second day of a breakout(IMO) and we hit the old panic price. Now after attempting to close a.m. gap we are moving up with the bonds. I am hoping for a 38 or just under and a move towards 39.5 tomorrow for the 3rd day run, and peaking at the top of this mini trend channel 39 1/2 - 40 tomorrow. Greg

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