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Thrusday Bond Pivots



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Noteworthy:

<P>Price and pivot moved up today on the conclusion of the Treasury auction
and after putting in a turning point low yesterday closing above pivot
for the first time in the last six sessions. Trend remains up as pivot
moved up &amp; <B></B>stoch moved higher again today after yesterdays turnaround.
Next short term target is weekly pivot at 121-30. Good trading,
<BR>JD</HTML>
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