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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Logain Ablar who wrote (26914)6/6/2000 11:47:00 AM
From: drsvelte  Read Replies (1) | Respond to of 68411
 
from OJ...

"Hi GZ
just got an e-mail from Tom Dorsey..

our DJBB index just reversed up here at 94.6...it's the bond index we watch..

very very bullish for a major bond market rally..this index does not move fast and when it does it usually means good or bad news..

it's been on a sell signal since Feb..non stop...

so this move here is serious and powerful for both markets...

i still see some downside to 1447/50ish this week..but if we get there i'll buy a lot more...

i am very long now, in July Calls, on a ton of stuff...

the market looks and feels right...

best..Jerry..."



To: Logain Ablar who wrote (26914)6/6/2000 12:01:00 PM
From: tech fool  Read Replies (1) | Respond to of 68411
 
OJ said he got an email from Dorsey-Wright reporting a buy signal for bonds. The indicator has been on a sell signal since February.