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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: pater tenebrarum who wrote (42972)	8/12/1999 1:11:00 PM
From: donald sew	Read Replies (2) \| Respond to of 94695

Heinz, Im getting more and more CLASS SELL signals: DOW - CLASS 2 SELL NAZ - weak CLASS 2 SELL NDX - WEAK CLASS 2 SELL SPX - WEAK CLASS 2 SELL OEX - WEAK CLASS 2 SELL DOT - OVERBOUGHT BKX - OVERBOUGHT DRG - OVERBOUGHT This was based on intraday data when the DOW was up 100, SPX up 10, NAZ up 19. The market needs to close near the intraday highs to maintain those SELL SIGNAL, and if the market sells off significantly intraday then the reversal to the downside may have begun or ZIG-ZAG phase. I would need 1-2 more updays to get CLASS 1 SELL signals, so it looks like FRIDAY or MONDAY for a short-term top(per my short-term technical, not my short-term cycle analysis). seeya

To: pater tenebrarum who wrote (42972)	8/12/1999 2:06:00 PM
From: Haim R. Branisteanu	Respond to of 94695

WASHINGTON, Aug. 12 (Reuters) - The U.S. Treasury Department said its Dutch bidding auction of 30-year bonds brought these results: 30-YEAR BONDS YIELDS High 6.144 pct Median 6.113 pct Low 6.049 pct Interest rate 6.125 pct PRICE/ACCEPTANCES Price 99.741 Accepted at high 68 pct Bid-to-cover ratio 2.22 AMOUNTS TENDERED AND ACCEPTED (in thousands) Total accepted 10,001,260 Total public bids tendered 22,158,463 Competitive bids accepted 9,928,645 Noncompetitive accepted 72,615 Foreign official refunded Nil Fed add-ons 1,075,000 Foreign official add-ons 100,000 NOTE DETAILS Issued date August 16, 1999 Maturity date August 15, 2029 CUSIP number 912810FJ2 HISTORICAL FACTS ON 30-YEAR BONDS - High yield is the highest since 6.201 percent on November 6, 1997