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<DIV>Here's the daily picture.</DIV>
<DIV> </DIV>
<DIV>Earl</DIV>
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<DIV style="FONT: 10pt arial">----- Original Message ----- </DIV>
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black"><B>From:</B>
Earl Adamy
</DIV>
<DIV style="FONT: 10pt arial"><B>To:</B> <A
href="mailto:<realtraders@xxxxxxxxxxxxxxx"
title=realtraders@xxxxxxxxxxxxxxx>mailto:<realtraders@xxxxxxxxxxxxxxx</A>
</DIV>
<DIV style="FONT: 10pt arial"><B>Sent:</B> Wednesday, June 14, 2000 11:00
AM</DIV>
<DIV style="FONT: 10pt arial"><B>Subject:</B> [RT] Re: Bonds</DIV>
<DIV><BR></DIV>
<DIV>Opps, I cut off the OBV. Look at the red line from 96-17 low on price
chart and the red line from same point on the OBV chart ... price came down
twice more but OBV did not confirm, then started rising as soon as we hit
bottom. I had a w.5 price projection to 96-08 so was looking a reversal and
the OBV put the icing on the cake as far as entry. Lack of retracement on 5
minute has been awesome. The 78% retracement of Tudsay/Wednesday decline is
sitting at 97-14 and it looks like we might just get there which would be
bullish, especially if we close above. Assuming we close near the highs, we
will have a reversal day and the appearance of a completed ABC correction on
the daily. We have a giant symetrical triangle on the daily which appears to
nullify the bear flag ... things can always change but I plan on holding for a
position trade - minimum target 99-18 if we break out..</DIV>
<DIV> </DIV>
<DIV>Earl</DIV></BLOCKQUOTE></BODY></HTML>
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