|
PureBytes Links
Trading Reference Links
|
--- In gannsghost@xxxxxxxxxxxxxxx, "topos8" <topos8@xxxx> wrote:
In GG # 22296 (June 12, 2003)I reported that my square of 9
calculations called for a bond top in the 122-123 range in the Sept
futures followed by a drop at least to 115. Right now these
calculations are telling me that the 114 level is strong support in
the bond futures and that the market is unlikely to go more than a
few ticks below 114 before it rallies to 118 or so.
However, these same calculations are also saying that the final low
for this bond break will probably occur in the 105-107 range sometime
this fall or early in 2004.
My price-square-time calculations in the S&P show the first potential
roadblock for the rally from the March 12 low at 788 in the 1040-1060
zone. A bounce off of that resistance would probably carry the market
no lower than 960. I must say that the resistance in the 1040-1060
zone is still not strong enough to end the upmove from the 2002 lows.
My calculations say that a move up into the 1130-1180 range later
this year is still more likely than not.
Carl
--- End forwarded message ---
------------------------ Yahoo! Groups Sponsor ---------------------~-->
Save up to 80% on top-quality inkjet cartridges and get your order fast!
FREE shipping on orders $50 or more to the US & Canada. Shop at Myinks.com!
http://www.c1tracking.com/l.asp?cid=5511
http://us.click.yahoo.com/v2G7ND/KfUGAA/ySSFAA/zMEolB/TM
---------------------------------------------------------------------~->
To unsubscribe from this group, send an email to:
realtraders-unsubscribe@xxxxxxxxxxxxxxx
Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
|