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Strategies & Market Trends : today's chart

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To: Claud B who wrote (1011)10/4/1998 11:48:00 AM
From: Claud B  Read Replies (3) of 1267
 
****UPDATED CHARTS****

All charts have been updated.
I expect Bond yields to continue to decline (currently at 4.84%)
and the dollar to weaken further after a brief rally.
The McClellan Index looks to me to be about to give a buy signal.
Waiting for the 40 day MA to cross the 50 day MA.
The Russell Index is holding support and should begin a major
rally shortly.
Volatility will remain high....but not as high as has been the
case recently.

I think the comparison between '87 and '98 is about to conclude.

Gold looks higher....and the Yen and Crude Oil are consolidating
at these levels.

Good week to all.

Claud

pw1.netcom.com
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