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<DIV><FONT size=2>On the otherhand, blow the chart out to include 1998 and 1999
and it appears T Bond yields have entered a bear phase(bullish bonds) after
running into channel resistance near 6.2%.....just intime to launch a summer
rally in stocks.</FONT></DIV>
<DIV> </DIV>
<DIV><FONT size=2>BobR</FONT></DIV>
<DIV> </DIV>
<DIV>----- Original Message ----- </DIV>
<BLOCKQUOTE
style="BORDER-LEFT: #000000 2px solid; MARGIN-LEFT: 5px; MARGIN-RIGHT: 0px; PADDING-LEFT: 5px; PADDING-RIGHT: 0px">
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black"><B>From:</B>
<A href="mailto:t-bondtrader@xxxxxxxxxxxxx"
title=t-bondtrader@xxxxxxxxxxxxx>T-Bondtrader</A> </DIV>
<DIV style="FONT: 10pt arial"><B>To:</B> <A
href="mailto:realtraders@xxxxxxxxxxxxxxx"
title=realtraders@xxxxxxxxxxxxxxx>realtraders@xxxxxxxxxxxxxxx</A> </DIV>
<DIV style="FONT: 10pt arial"><B>Sent:</B> Sunday, May 14, 2000 7:20 AM</DIV>
<DIV style="FONT: 10pt arial"><B>Subject:</B> [RT] ELA for my DS</DIV>
<DIV><BR></DIV>
<DIV><FONT face=Arial size=2>An illustrious member of the list (who has been
on it for as many years as I have!) decided to have a go and code my Doji
Sandwich and was good enough to send me a copy to try out. Obviously it
would work on any instrument, so it is a useful bit of kit (if the DS is
worthwhile on other markets, of course). Anyway, he will be grinning
broadly when he sees the attached chart...</FONT></DIV>
<DIV> </DIV>
<DIV><FONT face=Arial size=2>This member is not an indicator vendor or
anything like that, and he might be happy to let others have the code, but
there is no way I would deluge him with people mailing him, but if anyone
really thinks it might be useful, let me know and I will see if he would be
willing to do something.</FONT></DIV>
<DIV> </DIV>
<DIV><FONT face=Arial size=2>Meanwhile, I attach a daily chart which has the
latest DS highlighted with the other two significant ones from the Contract
High. If, as I assess, we have now reversed from the top, rather than
being in a bullish retracement, then this latest DS could be a significant
continuation pattern. If it turns out that way, then if we break
92^27 on Monday, we could see the bonds the bonds break the Contract Low and
head deeply south.</FONT></DIV>
<DIV> </DIV>
<DIV><FONT face=Arial size=2>It may be that the bonds simply come down to or
bounces on this line in the sand and we will have to await the affects of
the </FONT><FONT face=Arial size=2>FOMC meeting on Tuesday as the
catalyst for the move. </FONT></DIV>
<DIV> </DIV>
<DIV><FONT face=Arial size=2>Hope this helps, take care...</FONT></DIV>
<DIV> </DIV>
<DIV> </DIV>
<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>
<DIV> </DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV></BLOCKQUOTE></BODY></HTML>
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