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Strategies & Market Trends : CFZ E-Wiggle Workspace -- Ignore unavailable to you. Want to Upgrade?


To: ajtj99 who wrote (439)3/6/2003 9:44:02 AM
From: JRI  Read Replies (2) | Respond to of 41518
 
Thanks for that.. still sidelines, but its tough, do not want to miss bigger move..

Perhaps drop down this morning was a 'b' with a 'c' up to come (NDX)...hard to say, of course, though...we could have turned down too..



To: ajtj99 who wrote (439)3/6/2003 9:58:08 AM
From: At_The_Ask  Respond to of 41518
 
Before stocks crashed in 87 bonds crashed a few months before. This is from what I read somewhere, not because I was trading back then. Of course that doesn't have to happen again but you've got to wonder. If I had to guess I would think that bonds crash and growth stocks rally sooner or later. Maybe divvie stocks do ok if the tax plan gets through. But it will be a traders and stock pickers market for a looong time.

OK thats my nonwiggle ms cleo prediction for the day.



To: ajtj99 who wrote (439)3/6/2003 10:30:38 AM
From: Paul Shread  Read Replies (3) | Respond to of 41518
 
Heck of a reversal in TNX. Looks like it's got a possible H&S top with a neckline around 37.50.

stockcharts.com[l,a]waclyyay[pb20!b50!b200][vc60][iLl14!La12,26,9!Lh5,3]&pref=G



To: ajtj99 who wrote (439)3/6/2003 10:45:56 AM
From: steve from ihub  Read Replies (1) | Respond to of 41518
 
I think that is more likely the case. For a week or more i have felt the TNX would bottom in the 36.2-36.5 range. We did go to 36.10 yesterday but bounced pretty hard, only to return there late in the day. Time to see if it can continue to trade above those levels. I suspect it will.
steve