|
PureBytes Links
Trading Reference Links
|
My primary NYSE model, which was already in sell mode, is now signaling
a larger and longer correction and this is confirmed by the hi/lo and
a/d volume models. NASDAQ is in sell mode and I am suspicious of today's
rally. Anyone looking at interest rates via TBonds should have a look at
the corporate yield curve or the prices of corporate bond indexes across
short/intermediate/long maturities- in short corporate rates are rising
across the board and show no signs of abating.
Earl
----- Original Message -----
From: "Earl Adamy" <eadamy@xxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Tuesday, February 22, 2000 7:59 AM
Subject: [RT] Re: chek out abix/sp sell off
> Many are looking for a big rally here now that we've had a nice little
> decline. My work suggests that the bottom is not in. Could be a
tradable
> rally from 1330 area beginning on the 23rd but I don't believe such a
> rally can exceed the previous pivot high at 1450.
>
> Earl
|