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gtober

05/06/05 12:21 PM

#389140 RE: opnion #389132

I don't know that the 4.80's is all that bad for the markets. That's still pretty low. I think it would depend on where oil is at the time. The economy should be much more interest rate sensitive than it has been in the past, but I'm not really sure where that critical point would be.

$TNX is pretty tough for me. I think 4.80's should be easy, given the upward momentum that it appears to have begun on the daily.

http://stockcharts.com/def/servlet/SC.web?c=$TNX,uu[f,a]dhclyyay[dd][pc10!c20!c50!c200!b200!d20,2!f]...

But, in the weekly, it still could look down. At the very least, its in a consolidation and I guess we'll just have to see where it breaks. Both of the H&S could have influence.

http://stockcharts.com/def/servlet/SC.web?c=$TNX,uu[f,a]whclyyay[pc10!c20!c50!c200!b200!d20,2!i!f][v...

So, it beats the heck out of me. :^)))