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Attached is my different view of the same chart. It all adds to life's rich
pattern....
Bill Eykyn
www.t-bondtrader.com
"Learn to read the tape"
----- Original Message -----
From: "Earl Adamy" <eadamy@xxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Monday, June 05, 2000 2:43 PM
Subject: [RT] Re: Bonds
> Bull triangle has been broken leaving an unresolved bear flag. We are
> now working on a possible descending triangle to complement the bear
> flag. I would like to see a break just above the downtrend line to clear
> buy stops and provide an entry point with only a couple of ticks of
> risk.
>
> Earl
>
> ----- Original Message -----
> From: "Earl Adamy" <eadamy@xxxxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Monday, June 05, 2000 7:08 AM
> Subject: [RT] Re: Bonds
>
>
> > Have been watching the intraday chart (5/10 minute) since the open and
> > it is displaying a most interesting combination of an ascending
> triangle
> > (bullish) and a bear flag (25% retracement). I suspect that the bear
> > flag will win, however the market will tell us in due course. In any
> > event, there should be a nice trade out: a day trade to long side or a
> > position trade to downside.
> >
> > Earl
>
>
Attachment Converted: "f:\eudora\attach\Bonds1.gif"
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