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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: pater tenebrarum who wrote (23105)8/16/1999 6:47:00 AM
From: j.o.  Respond to of 99985
 
Great, well-considered post, Heinz. Anyone looking to get a snapshot of what the bond market is about right now need look no further than your post.

Even though I am bullish on bonds, and see us as having broken our recent downtrend, I have to agree with you in that as long as stocks continue to find support on major trendlines and move higher, bonds will not offer the same performance. That said, we now have a nice double-bottom in place in bonds, and they should definitely play a part in anyone's portfolio right now. When the time of reckoning does come for stocks, bonds will benefit - even with a falling dollar.

BWDIK! Good trading today,

j.o.
indextrade.com



To: pater tenebrarum who wrote (23105)8/16/1999 4:59:00 PM
From: dennis michael patterson  Read Replies (3) | Respond to of 99985
 
Heinz, you rad Favors, right? I just received his monthly and, with the usual hedging, he's pretty damn bullish! Carpino says we could rally from a low on the 23rd of August. I am thinking I may go long there and pick up some dough. PEI is a contrary indicator at this point. Armstrong is just too bearish. He has missed all the rallies this year, as far as I can tell.