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Strategy #4: bond market has habit of factoring in the worst negative
expectations by Thursday close - expect a rally. If news is good, there will
be follow through, if news is as expected, rally will fade. If news is worse
than expected bonds will tank.
Earl
----- Original Message -----
From: <BOTTrader@xxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Sent: Wednesday, May 05, 1999 10:46 PM
Subject: Is the Bell Ready to Toll ?
> SO, my strategy now: Focus On Friday...... 1) The Employment report is
> HUGELY bullish ( Unemp rate increases a couple decimal points, payrolls go
> down, etc.) THEN, the bond bottom is probably in for awhile, stocks
> continue to group rotate but build some kind of base..... 2) Employment
> report is at all bearish: bonds break support decisively, all markets
> around the world worry, and we head into a decline of at least a few
> weeks.... The key factor then: what happens around recent low in Japan
Long
> Bond.... 3) Report is flat.... then technicals govern, and they don't
look
> positive short term.
>
> overall, a very interesting scenario for next few days.
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