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Think you are right - we've been holding nicely all morning and moving up
slowly. On the 5 minute chart, the break of the 117^20 double bottom by one
tick and immediate reversal was an opportunity to nibble on long side,
however wouldn't take much to bust the trade. 118^03 looks like a good bet
and 118^29 is not out of question. I think the rest of the financials and
currencies are iffy until we get a trend in bonds so might as well
concentrate on bonds.
Earl
----- Original Message -----
From: <Proffittak@xxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Sent: Wednesday, May 19, 1999 9:13 AM
Subject: Re: June T-Bonds
> god morning all
> would not short bonds yet
> it is still in oversold condition
> will wait for 11820-119 area false rally
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