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Politics : Welcome to Slider's Dugout

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To: SliderOnTheBlack who wrote (1882)6/18/2006 6:55:57 PM
From: roguedolphin  Read Replies (1) of 50722
 
Are Bonds About to Tank?
by Robert McHugh
June 18, 2006


There are a ton of patterns warning in spades that the U.S. Treasury Bond market will soon tank. Five patterns no less. We got a Megaphone pattern confirmation in U.S. Treasury Bonds several weeks ago as Bonds fell decisively below 109. This gave us the decisive break below the Head & Shoulders neckline, confirming that pattern as well, meaning the probability of its minimum downside target of 102 being hit is now quite high. If 102 occurs, it means we are well into a dramatic wave 3 decline.

(Full article with charts at the following link....)
safehaven.com
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