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To: Wayners who wrote (19325)2/12/1999 1:03:00 PM
From: John Pitera  Read Replies (2) | Respond to of 86076
 
If I were short bonds here, I'd be covering at this important support level

Wayne, what support level you finding here?? the fact that we are still in neighborhood of 40 wk MA even though we are above it in yield....below in price..... of still in neighborhood of Nov 6th high in yield???

The bond market was prob. now really short enough last few weeks...
as we have had no meaningful bounces at all