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RealTraders,
About the bonds, Nature's Pulse Automode has
an energy point (change in trend or acceleration)
forecast for Sunday, Mar. 29, '98, for the
CBOE Treasury Yield (TYX); the long term
interest rate.
Bolstering a preliminary opinion that this will
be a change in trend:
a. The tyx is at a 50% retracement of the
move down from 3/6/98 to 3/17/98,
(closed friday just under it).
b. An ABC pattern presents in the move
up from 3/17/98, and may be completing.
ABC patterns usually indicate a
counter-trend swing, the trend consonant
swings should be 1-2-3-4-5 affairs.
If a change in trend occurs, it may be
marking the completion of wave 2,
wave 1 being the 3/6 - 3/17 downswing.
This implies we may be near onset of
a wave 3 downswing, which would be
bullish for bonds.
Coincidentally, the Sun will be in trine aspect
Saturday with Pluto, associated with t-bonds.
p.s. NP does have an Automode projection
of 4/14/98 for the XAU, gold and silver
index.
Frankly,
Rory Lewellen RL2946@xxxxxxx
From: Mosonny <Mosonny@xxxxxxx>
To: realtraders@xxxxxxxxxxxxxx
Subject: The dollar and gold
Does anyone have an opinion about the dollar index, gold etc.
I think the dollar is about to break down here, (descending triangle, after
failure to make new highs, and over-bullish sentiment), and gold is turning
up. At the same time, there is a good possibility the bonds are going to
break down, and we may seeing the turn in a number of areas. BTW, I am
looking at the Dollar Index chart.
Does anyone see inflation instead of the deflation so many have "seen" coming?
Maurice Sonnenwirth
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