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Strategies & Market Trends : Technical analysis for shorts & longs

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To: Suresh who wrote (20080)	3/4/1999 8:17:00 AM
From: dppl	Read Replies (1) of 69882

Hello Suresha, the NAZ chart doesn't bother me so much as the 30 year bond chart does and Friday morning will parse the sword of Damocles definitively - or at least for a few weeks. The 30 year chart may become a double top or a breakout point and if bonds go to 6% and stay in the 5.6 - 6% range we go into our seasonal correction, which is due to start anyway pretty soon - it's been 18 weeks since the last correction bottom. Thomas

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