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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: John Pitera who wrote (298)3/2/2000 1:23:00 PM
From: John Pitera  Read Replies (3) | Respond to of 33421
 
Here is a Long Bond Yield chart from 1993 until today.

geocities.com

the bond is coiling around it's 200 day average, and as you can see the yield is above the multiyear downtrend, while it's below the uptrend in yield that began on Oct 5th 1998
when we hit the 4.69 low in yield.

Something for bond bulls and bears to dislike here.

John



To: John Pitera who wrote (298)3/2/2000 7:04:00 PM
From: GROUND ZERO™  Respond to of 33421
 
That chart shows an expanding coil... if we make new highs, then it will blow like the NAZ of recent months.....

GZ