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To: BGR who wrote (75154)11/12/1999 11:05:00 AM
From: donald sew  Respond to of 86076
 
BGR,

Im not a fundamentalist, but from the charts the TYX is still in an uptrend, although the trendine from the OCT lows is right around 6.00%. A break below 6.00% would imply that an intermediate top is in, but for now it hasnt so its sitting right near the trendline. Since the TYX did drop almost .40% my short-term technicals are calling for some sort of a bounce to the upside, but does not indicate the extent of the upmove.

From a FIBINOCCHI viewpoint a bounce back to the 6.20+ range is quite possible.

seeya