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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Moominoid who wrote (7237)3/1/1999 9:12:00 AM
From: HairBall  Read Replies (1) | Respond to of 99985
 
David Stern and All: Note that the TYX.X (30-Year T-Bond Index) is
moving up this AM.

And Globex is down:

CONTRACT LAST NET CHGE
S&P 500 MAR99 1233.20 -230
E-MINI MAR99 1233.25 -225
JUN99 1246.00A -150
NSDQ100 MAR99 1919.00 -1100
GSCI MAR99 130.30A -30

Regards,
LG



To: Moominoid who wrote (7237)3/1/1999 9:44:00 AM
From: bobby beara  Read Replies (1) | Respond to of 99985
 
>>>I figured when everyone was bearish on commodities including the CEOs of Rio Tinto and BHP was the time to buy.<<<<

whats been dripping off EVERYONE's lips

low rates and no inflation.

WRONG ON BOTH ACCOUNTS.

The Nikkei Dow is in a declining 5 wave bullish wedge from the 1989 top. I believe that 9/98 was the bottom. This is very bullish for commodities.

Bad way to start off a new month on an oversold nasdaq market.

BEWARE THE IDES OF MARCH.


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