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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: Chip McVickar who wrote (24985)	6/9/1999 12:50:00 PM
From: John	Read Replies (1) \| Respond to of 44573

Chip, My analysis shows that we should still be short Bonds. I actually had my stop in at 115^17. The market made a short term Flag to the downside and took out the level.

To: Chip McVickar who wrote (24985)	6/9/1999 1:08:00 PM
From: SE	Read Replies (1) \| Respond to of 44573

I don't know Chip. I put up the TYX and I can see it going, well, let's just say higher. I look at the bonds, take your pick, June or Sept contract and it is hard to get a good fork on them right now. Seems all the forks are violated in one way or another and the pivot count is hard to get a handle on. I would have to go with the TYX read and say bonds are still going lower from here. I have not tried any babson lines on the bonds, but to be honest, I am not very good at babson lines yet so I am probably saving everyone from a load of trouble if I went spouting off some babsonian bs.