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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (8924)12/31/2005 1:03:47 PM
From: c_hl  Read Replies (1) | Respond to of 12411
 
I went long at the close yestoday. Just for a quick bounce.

I agree the technical is quite bearish. Both daily and weekly are all showing topping sign. Weekly chart is more powerful. It is definitely showing a reversal.



To: GROUND ZERO™ who wrote (8924)12/31/2005 1:07:23 PM
From: c_hl  Read Replies (1) | Respond to of 12411
 
Although the down spiral will end on 1/3, the closing price is below vertical already. Usually it is a buy signal.



To: GROUND ZERO™ who wrote (8924)12/31/2005 3:53:22 PM
From: TFF  Read Replies (1) | Respond to of 12411
 
What spiral CP are you using to project 1200?



To: GROUND ZERO™ who wrote (8924)12/31/2005 3:57:59 PM
From: Gersh Avery  Read Replies (1) | Respond to of 12411
 
The inverted bond yield can not be lightly ignored either.

The last time that happened was December of 2000.