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

To: Giordano Bruno who wrote (15761)	6/3/1999 1:19:00 PM
From: Claud B	Respond to of 99985

5.94% ClaudB

To: Giordano Bruno who wrote (15761)	6/3/1999 1:24:00 PM
From: HairBall	Read Replies (1) \| Respond to of 99985

jjsirius: Well currently QCharts is having a data corruption problem, at least I hope that spike is corruption. I can't really view the chart at this time. But, if you look at my "end of day close" chart on the MDA Web Site, it will give you an ideal of what I expect longer term. The TYX (30yr T-Bond Yields) has been moving up in a rising wedge formation based at the Oct 5, 98 low. That formation implies an eventual strong retrace. Once that retrace begins, it will signal the next Market rally. I do not think we are there...yet! The amount of this Market correction will have a major impact on my expectations for that next rally. Regards, LG