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To: pater tenebrarum who wrote (65562)9/30/1999 8:11:00 PM
From: Lucretius  Read Replies (2) | Respond to of 86076
 
that's where things get tricky...

if we start to tank tomorrow (which is my bet) but obviously we'll have to see....

so, bond break its downtrend line in yield and collapses.. stocks break and close below 10K, gold startd to rally again, dollar gaps down and closes on its lows

FOMC is in a box

1. they raise on tues and protect bonds and the dollars and attempt to beat down gold. but SMASH stocks

2. they do nothing, bonds and the dollar
are destroyed. gold soars, stocks selloff but not much. then the higher mkt int rates pull the mkt down anyway later in the week and we crash the following monday when the Fed is forced to raise intrameeting.

either way, they're boxed.... no printing will save us this time.

ITS OVER. checkmate.



To: pater tenebrarum who wrote (65562)9/30/1999 8:36:00 PM
From: NickSE  Read Replies (1) | Respond to of 86076
 
heinz,

IMO, the FED should be more worried about the USD and not the bond. USD (Dec. - DXZ9) has given a P&F sell signal today at 98.2 and looks to be headed further (91.0± P&F price projection) while the bond seems to have found pretty solid support around the 112.5/113.0 area.

Whadda ya think?...FED raises 1/4pt to save the dollar???

U.S. Dollar Index December 1999 (NYCE:DXZ9)
charts.quotewatch.com

Treasury Bonds 30-yr December 1999 (CBOT:USZ9)http://charts.quotewatch.com/charts/futures/CBOT/USZ9-intraday.html

Nick