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Technical work still points to 117-118 area into mid-May. While I have
indications of a top in equities, I don't think this market is going to just
fade away, I think it is going to go out in a spectacle of fireworks which
we have yet to see. And when the day does come, treasuries and foreign
currencies may offer some opportunities.
Earl
----- Original Message -----
From: <Proffittak@xxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Sent: Tuesday, May 04, 1999 5:07 PM
Subject: june bonds
> hello
>
> as you know a few weeks ago i did not think we will break 120
> we did today
> crb index and goldman sacks index are creeping up
> and oil index and spot had DOUBLE from its low
>
> if sp500 goes south would bonds rally???
> maybe temporrarily,,,
> but if funumentals pressit to be bad,, then bonds should continue south
> just my view
> Ben
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