|
PureBytes Links
Trading Reference Links
|
I think that's a pretty good strategy. The triple top didn't pan out, but
97-25 did offer resistance several times during the day on Friday and
price did close below that level. I'll breathe a little easier once price
breaks that June 2 spike high. There seems to be little resistance
between there and 99-24.
----- Original Message -----
From: Adam Hefner
To: metastock@xxxxxxxxxxxxx
Sent: Saturday, June 17, 2000 6:34 AM
Subject: Re: (Market) US bonds
Glen,
With the daily close price at 97.718, this is above the upper bounds
of my resistance calculations...so I exited all the shorts. Will wait
for a confirmation (close above 98.25) before taking a long position.
Adam
----- Original Message -----
From: "Glen Wallace" <gcwallace@xxxxxxxx>
To: "MetaStock listserver" <metastock@xxxxxxxxxxxxx>
Sent: Friday, June 16, 2000 9:02 AM
Subject: Re: (Market) US bonds
> For a while it looked like bonds were going to break out this morning, but
> instead we have a triple top. 97-25 looks like substantial resistance.
>
>
> ----- Original Message -----
> From: "Adam Hefner" <vonhef@xxxxxxxxxxxx>
> To: <metastock@xxxxxxxxxxxxx>
> Sent: Wednesday, June 14, 2000 3:54 PM
> Subject: Re: (Market) US bonds
>
> > Hi Glen,
> > You were correct on your intraday analysis! The higher close has me
> > concerned about my short position trade...but there are multiple (5)
> > resistance levels from the monthly chart from 97.2 to 97.6 if we have
> > a failure of these levels (such as an obvious monthly close above) than
> > your suggestion of higher trends should be correct.
> > I will exit my position on a close above 97.62, and will go long on a
> > break-out of congestion with a close above 98.2 of Sep t-bonds.
> >
> > Later,
> > Adam
> >
> >
> > ----- Original Message -----
> > From: "Glen Wallace" <gcwallace@xxxxxxxx>
> > To: <metastock@xxxxxxxxxxxxx>
> > Sent: Wednesday, June 14, 2000 9:14 AM
> > Subject: Re: (Market) US bonds
> >
> > > Adam:
> > >
> > > For what it's worth, I'm seeing a cluster of support in the 95-30
> > > to 96-06 region. If we cut through this, you're probably right.
> > > If support holds, I think we'll see price heading back up into
> > > congestion and perhaps up and out of the recent consolidation
> > > zone.
> > >
> > > Regards.
> > >
> > >
> > > ----- Original Message -----
> > > From: Adam Hefner
> > > To: metastock@xxxxxxxxxxxxx
> > > Sent: Tuesday, June 13, 2000 8:00 PM
> > > Subject: (Market) US bonds
> > >
> > > Looks like a good position to place a short in the bond market.
> > > The Days action entered into congestion and we are at the
> > > projected monthly high levels (yellow dots). MIT short around
> > > 97-97.1 should be a good spot. I may be wrong!
> > >
> > > AH
|