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<DIV><FONT face=Arial size=2>The attached Gif shows how the Doji Sandwich on the
SPX turned out yesterday. It looks as if it might lead the market
down, but we will see. Like all patterns, they are not fool proof,
but they usually work out pretty well when encountered in new territory or
retesting a high or against a major resistance/support area.</FONT></DIV>
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<DIV><FONT face=Arial size=2>Intraday, it is a whole different story! If
you look at a 5 min chart of the SPX yesterday, it whipsawed all over the place
with huge moves (well, certainly compared with the bonds!) and I doubt the daily
pattern would have helped much to trade the intraday moves. When it
occurred on the bonds, the following day was a beauty and it just, gently, moved
south all day. The market has since risen a little following two days, but
there is still plenty of time for it to descend and prove the pattern
positive.... We'll see. Intraday, it did what it
did and thank you very much!</FONT></DIV>
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<DIV><FONT face=Arial size=2>Bill Eykyn<BR><A
href="http://www.t-bondtrader.com";>www.t-bondtrader.com</A><BR>"Learn to read
the tape"</FONT></DIV>
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