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might be of interest ....good trading ........susannah
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</x-html>From ???@??? Tue Apr 28 13:04:07 1998
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Date: Tue, 28 Apr 1998 19:53:26 +0100
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From: "Bill Eykyn" <t-bondtrader@xxxxxxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
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Hi all Spoo RTers!
Thought this .gif file might be of interest. If the pattern holds and is
worth anything, then it may be of some value for tomorrow.
For everyone else - newbies in particular - it is a good example of a 1,2,3
and how support, once broken, becomes resistance.
If we are not careful, we could be getting something like this on the Bonds.
If we hadn't had such a piddling range day today, it might well have done
it. Now, we may have a couple more days like this, then on 1st May and the
Employment Report, we could have a down day of all days (rather like poor
old Britain had this time last year, when Mr Blair promised that his New
Sleeze-Free Labour would act like a Tory government for the first term and
then become a real Socialist one, in the second term!! - sorry any
Englishman will know what I'm saying... and how it puts a whole new
dimension on a 'down day'!!
Anyway, a 1,2,3 is a good pattern and usually works more times than it
fails...
Bill Eykyn
t-bondtrader@xxxxxxx
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