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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Philipp who wrote (28141)9/17/1998 6:51:00 AM
From: William H Huebl  Respond to of 94695
 
BTDs Phil,

One of my charts is a 17 day correlation between 30 year bond interest and the DOW. At extremes (over .6 and most of the time below -.6) either the DOW or interest rates have changed directions from an intermediate standpoint. The last move over .6 was in late June around the time of the DOW peak. Yesterday, the value was .824.

That tells me to BTDs and one is coming today!

Bill