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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?

To: Jerry Olson who wrote (21427)	6/18/1999 9:20:00 AM
From: Tommy Dorsey	Read Replies (1) \| Respond to of 34825

Ok DJBB is down to levels that we have bottomed before. Go to charts on DJBB and take a look. July 1996 one of those bottoms happened inJune and bonds took off like a Scalded Goose in July. We are at the same level again. Also these times coincide with the scres about fed raising rates and in 1997 the rally in bonds comes after the fed raises rates 1-4 point. So don't sweat it if the Fed rasise rates next week. It will not kill off the expansion in the economy. Tom Dorsey