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To: SE who wrote (21603)4/22/1999 12:54:00 PM
From: donald sew  Respond to of 44573
 
SE,

>>>> PS - Bonds are goosed......not sure where they are going yet, but sheesh....two longs, two spankings, two days. <<<<<

I think a bearish pennant is forming.

>>>> To: +Daflye (11793 )
From: +donald sew Thursday, Apr 22 1999 12:33PM ET
Reply # of 11800

In reference to my previous note concerning the PENNANT on the TYX,
here are the coordinates:

UPPER TRENDLINE = highs of APRIL 5 & APRIL 19
LOWER TRENDLINE = lows of APRIL 9 & APRIL 21

I appears that the APEX of this PENNANT will arrive in just 1-3 days; Im eyeballing it so its an approximation.
<<<<<<<

seeya




To: SE who wrote (21603)4/22/1999 1:59:00 PM
From: Kona  Read Replies (2) | Respond to of 44573
 
SE, I see the forks converging in about a week, do you have a time frame ? Looks like if we reverse to the median line of the longer term fork that would take us to ~1250 in the cash and the lower tine target is ~1150. It's tough trying to eyeball this on a screen.


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