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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: J.T. who wrote (16624)1/27/1998 9:08:00 AM
From: Lee  Read Replies (1) | Respond to of 50167
 
JT, Good Morning, Update FYI. ECI up 1.0%, full story below.
stats.bls.gov
Bonds don't like the number and are down about ^19. The chart looks like it's completing the right neck of a H&S formation???? I'm thinking to try to play the bounce up for the the right shoulder to the 121^14-^16 level when this ECI move plays out. Furthermore, all confidence has evaporated since it's difficult to play the eco data corrupted by the DC data and SE Asian data. Tyx heading up big time from 5.898% at open to 5.955% now.
Bond chart at cbot.com. Just interested in your comments later on and thanks ahead of time.
Lee