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<DIV><FONT face=Arial size=2>While by no means a perfect looking bear flag, I
think it is sufficiently formed to suggest that a major break south will be
coming - if not today, the possibly tomorrow with the FOMC meeting.
Logically, if the bonds break south, we should see an up move in the
Spoo.</FONT></DIV>
<DIV> </DIV>
<DIV><FONT face=Arial size=2>Anyway, here we are in October... Red
October... Red for Debit.... At least it ought to be a
month with a bit of volatility, a bit of movement, a breaking out of congestion,
etc. We can but hope... and then trade what is
happening...</FONT></DIV>
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<DIV><FONT face=Arial size=2>Anyone any thoughts??</FONT></DIV>
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<DIV> </DIV>
<DIV><FONT face=Arial size=2>Bill Eykyn<BR><A
href="mailto:t-bondtrader@xxxxxxxxxxxx">t-bondtrader@xxxxxxxxxxxx</A><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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