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

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To: Brian Hornby who wrote (24430)	5/28/1999 9:04:00 AM
From: Jerry Olson	Read Replies (2) of 44573

Brian, what's very interesting is the P&F DJBB index, which recently reversed UP from a long tail down in Feb(signaling higher rates), just now reversed DOWN again...but what we are thinking this could set this up as a double bottom, and if/when it reverses up again it would be from a perfect level... so we need to see what happens near term... whats interesting to me Brian, is your nets were long all thru this selloff....very interesting huh??? i had this feeling this pullback was nothing more than event driven because of AG's bias change..period...this was the excuse for the move..the market needed something to take profits...this was it...

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