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<DIV><FONT face=Arial size=2>Continuing my hols, but just popped in before
setting off for the annual Game Fair, at Blenheim this year, and was doodling
around with the bonds/spoo possibilities and reckon from the enclosed that we
might see a build up (or rather down!) to the end game of a H&S
formation... and from the head to the neckline that is quite fall to
project! Not surprisingly the bonds are rising to the top of
their three point range of the current contract and we could end the week with a
doji and a continuation DS in the offing for Monday. </FONT></DIV>
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<DIV><FONT face=Arial size=2>We'll see, but First Friday in August could be
interesting...</FONT></DIV>
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<DIV><FONT face=Arial size=2>Have a nice week-end</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>
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