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Technology Stocks : Westell WSTL -- Ignore unavailable to you. Want to Upgrade?


To: dave turliku who wrote (16393)6/9/1999 12:49:00 AM
From: P314159d  Read Replies (1) | Respond to of 21342
 
It is dow vs. bonds vs. individuals for the next few days.

cbs.marketwatch.com

This chart of the treasury shows a potential short term top ABOVE the magic 6% . You can see the hugely overbought stochastic and Williams %R ( this chart $tyx is on yield not bond prices), but the last move suggests a target of 6.05 to 6.10 intraday. But that could be enough to break the upper BB and create a real bond rally. Since Oct. I have been waiting for a move to 6.15 to 6.20, some # I remembered to buy bonds in my longterm 401K for a decent move. Yet I can see no reason to do this now, it was a figure I traced out of the 5 year charts, so here we are.

So that is the potential good news, yet the DOW can act real weird while this happening. I think we get a good look see tomorrow.
So how can I view any chart's very short term action until we see how the DOW, SPX, whatever reacts to the 6%. I can say the DOW hold at 10720 was a good early sign for tomorrow as true of the Nikkei being up. The other positive is that WSTL has moved against the averages lately.

P.S. I just noticed that the chart doesn't load with the parameters, just reset the defaults to Bollinger bands with a 9,2 setting and 50dma, stochastics and Williams %R for $TYX. MACD can be use as well but does not show the overbought reading as bad as stochastic