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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?


To: james ball who wrote (13895)2/12/1999 10:25:00 AM
From: Ms. X  Respond to of 34811
 
Oh oh...

I think we should do a graphic of the NYSE BP and perhaps the DJBB, graphically with covers of Time and Newsweek magazines. Would make a great PnF poster.

I noticed with the techs that the rally yesterday really only provided lower tops and as you said, setting up for more double bottom breaks. Today is ugly for some techs. I bought some puts Tommy and doing well so far...
I had to play a little. :-)



To: james ball who wrote (13895)2/13/1999 3:23:00 PM
From: NickSE  Read Replies (1) | Respond to of 34811
 
Tom,

Which bonds are you refering to, DJ 20-bond (p136) or the 30yr long bond? Given the DJUTIL's penetration of it's bullish support line, do you see this as confirmation of the sell signal in bonds and higher interest rates.

One of the most disconcerting thing is the major bottom taken out in bonds.

Thanks,
Nick