Friday, June 03, 2005

BOND REVERSAL ?

http://tinyurl.com/crm4n

IMHO, look at weekly, trendlines drawn from highs shows this move has NOT yet broken that descending trendline, lower highs, meaning higher lows in rates.

RSI nearing oversold and up to top of weekly BB, leads me to see a bond sale is near.

ADD sentiment off the charts bullish bonds, that was the setup. I had this post ready togo hours ago but my buddy just flew in from Tampa, and was giving the tour of my store, take care

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