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Distinctly negative tone to the equity tape this morning however bonds
have been range bound since the housing report - they are smack up
against the top of the daily bullish triangle I've posted previously .
I'm long both and keep wondering when something is going to get on a
horse and move out into a trending move.
Earl
----- Original Message -----
From: "Earl Adamy" <eadamy@xxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Friday, June 16, 2000 5:59 AM
Subject: [RT] S&P Bullish view
> Bullish view on (cash) SP which must be resolved by Monday. Green and
> Red lines mark longer term resistance and support. Blue lines mark a
> very bullish cup and handle in which the bottom of the handle has been
> limited to the 38% retracement level. Handle will run out of room
within
> 2 trading days. AGet revised count is also very bullish. Not to
mention
> that Friday is both triple witching and full moon so this should be
> resolved quickly.
>
> Earl
>
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