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Strategies & Market Trends : Waiting for the big Kahuna

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To: marcos who wrote (9136)11/4/1997 7:02:00 PM
From: Haim R. Branisteanu  Read Replies (1) of 94695
 
Has anyone paid attention to the fact that the T Bond is at critical level of 6.25%??, even with the "anticipated slowdown"?

SPX on Globex is also trading below cash at this time. Will see how Asian markets will open.

The market is now in the 62% retracement trading range and failure to hold those levels will bring us back to the latest lows if not lower lows.

Happy Trading
Haim
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