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Strategies & Market Trends : Natural Resource Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Roebear who wrote (10408)	4/23/2004 10:43:58 AM
From: isopatch	Read Replies (1) \| Respond to of 108561

Roebear. Spot on. Agree with your read. For a confirmed breakout to occur in the 10 yr Tsy yield I'm looking for it to clear the 4.50-60 area in a decisive thrust and establish new support @ 4.40-50. A little unconventional as a chart read. But in some markets, MMs are more likely to run the stops under the obvious support levels to goose their commission revenue with the additional volume. Just a reminder to everyone reading this thread that we have long recommended traders use mental stops only, no matter what markets or stocks you work with. Showing you cards to MMs and specialists can be expensive. Rock on, Isopatch