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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 671.91

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Nov 14 4:00 PM EST

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To: James F. Hopkins who wrote (6261)	2/13/1999 10:35:00 AM
From: NickSE	Read Replies (2) of 99985

James, FWIW, utilites also broke long term support. Combine this with a break in the long bond and you have a case for higher rates. BWDIK But when he drained liquid two days in a row, it wasn't long before you saw the market start down, and it took 5 days to undo taht, but then all it did was give a bounce the 30yr bond just broke support, but damm it de-coupled from the dollar too..now I have never seen that in all my watching, the interest rate going up and the dollar falling, I don't know what it means but I don't like the smell of it. Regards, Nick

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