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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: John Pitera who wrote (33621)4/3/2002 8:26:43 AM
From: Terry Whitman  Read Replies (1) | Respond to of 52237
 
Interesting that you see yields topping out. I can see the obvious resistance at 5.5%.
quote.yahoo.com^TNX&d=c&k=c1&a=v&p=s&t=1y&l=on&z=m&q=b

OTOH- The 10 yr. note is in a well defined uptrend off the fall '01 lows. You could make a nice triangle there with the uptrend line and the 5.5 resistance level. It will be interesting to see what happens in the next couple of months- I tend to think we will see rates stall or fall back at 5.5- but who knows really. Gold, oil and other hard commodities are showing no sign of falling back at the present..

TW