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Politics : Idea Of The Day
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To: IQBAL LATIF who wrote (26077)5/6/1999 12:19:00 PM
From: mattie  Read Replies (1) of 50167
 
Iqbal,

I don't like how the bonds broke support. The bond market currently rules stocks, however looking at the charts of the indexes, ie SPX, the charts look like we may head higher.

Solid double bottom at 1330. SPX chart looks like they will take the index up to 1370 to complete the 'cup'.

Interesting dichotomy. Bonds are reacting to Greenspan and rumor of employment report leak. Stocks may be forcasting a tamer report.
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