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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: Patrick Slevin who wrote (18119)3/10/1999 9:53:00 AM
From: SE  Read Replies (1) of 44573
 
June contract.

Falling knife you say? Well, let's hope not.

Based on a fork read on the bond chart. I am concerned about the TYX however. It looks scary and Don's read is the TYX can start going up anytime now....

It is possible I suppose that the move I was anticipating, is already over. If so, the move was weak and that would indicate furture erosion in bond prices.

-Scott

EDIT - If this move is over, then things are real weak. Next projected target if this is over would be 120'07 and falling...to less than 120'00 by the end of the day.

A price break to 120'26 would lend me to that conclusion.....
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