Ten Year Note

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the more insecure must be his judgment of the future.</B></div> <div> <B>Sigmund Freud</B></div> <bR> </tD> </tR> </TABLE></div> <bR> <bR> <bR> <div> <A HREF="http://www.investmenttools.com/com_tock_letter.htm" TARGET="_top" TITLE="http://www.investmenttools.com/com_tock_"><U><B><U>Com$tock Letter</U></B></U></A></div> <div> <B><IMG SRC="01f13120.gif" border=0 width="19" height="18" ALIGN="BOTTOM" HSPACE="0" VSPACE="0"></B></div> <div> <A HREF="http://www.investmenttools.com/com_tock_letter.htm" TARGET="_top" TITLE="http://www.investmenttools.com/com_tock_"><U><B>check it out</B></U></A></div> <bR> <div>  <SCRIPT language="JavaScript" SRC="http://context3.kanoodle.com/cgi-bin/context.cgi?id=80085957&db=context&query=finance:commodities&cgroup=commodity&format=sky&newtarget=1&width=120&numresults=1&first=1 "></SCRIPT>  </div> </td> <td valign="top" height=398 BGCOLOR="#FFFFFF" TEXT="#080000"> <div> <B>Ten Year Note</B></div> <bR> <div> <B> <SCRIPT language="JavaScript" SRC="http://context3.kanoodle.com/cgi-bin/context.cgi?id=80085957&db=context&query=finance:bonds&cgroup=notes&format=468x60&newtarget=1 "></SCRIPT>  </B></div> <bR> <div> <B> <TABLE BORDER="2" CELLPADDING="2" CELLSPACING="1" WIDTH="423" BORDERCOLORLIGHT="#C0C0C0" BORDERCOLORDARK="#808080" FRAME="VOID" RULES="ROWS" HSPACE="0" VSPACE="0" > <tR> <tD VALIGN=TOP HEIGHT= 17 ><NOBR><div> <A HREF="#ten_yerar_t_note_from_1983" TITLE="Ten Year Note"><U><B>Ten Year T-Note from 1983</B></U></A></div> </NOBR></tD> <tD VALIGN=TOP WIDTH="6"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="17" ALIGN="bottom" WIDTH="6" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="37"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="17" ALIGN="bottom" WIDTH="37" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="4"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="17" ALIGN="bottom" WIDTH="4" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP><NOBR><div> <A HREF="#ten_year_t_note_june_04" TITLE="Ten Year Note"><U><B>Ten Year T-Note Futures</B></U></A></div> </NOBR></tD> </tR> <tR> <tD VALIGN=TOP BGCOLOR=#DDDDDD HEIGHT= 16 ><NOBR><div> <A HREF="http://www.investmenttools.com/bonds/" TARGET="_top" TITLE="http://www.investmenttools.com/bonds/"><U><B><IMG BORDER="0" SRC="Symb075c00b700c899330000.png" HEIGHT="13" WIDTH="24" ALIGN="bottom" HSPACE="0" VSPACE="0">More Interest Rates</B></U></A></div> </NOBR></tD> <tD VALIGN=TOP WIDTH="6"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="16" ALIGN="bottom" WIDTH="6" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="37"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="16" ALIGN="bottom" WIDTH="37" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="4"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="16" ALIGN="bottom" WIDTH="4" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP BGCOLOR=#DDDDDD WIDTH="163"><div> <A HREF="http://www.investmenttools.com/futures/" TARGET="_top" TITLE="http://www.investmenttools.com/futures/"><U><B><IMG BORDER="0" SRC="Symb075c00b700c899330000.png" HEIGHT="13" WIDTH="24" ALIGN="bottom" HSPACE="0" VSPACE="0">More Futures</B></U></A></div> </tD> </tR> </TABLE></B></div> <bR> <div> <B> <TABLE BORDER="0" CELLPADDING="2" CELLSPACING="1" WIDTH="611" BORDERCOLORLIGHT="#C0C0C0" BORDERCOLORDARK="#808080" FRAME="VOID" RULES="NONE" HSPACE="0" VSPACE="0" > <tR> <tD VALIGN=TOP HEIGHT= 62 WIDTH="580"><div> <FONT SIZE="4" COLOR="#000000" FACE="Courier New" ><B>Ten Year T-Note</B></FONT><B> (Futures)from 1983 and 200 day exponential average (</B><FONT SIZE="3" COLOR="#FF0000" FACE="Courier New" ><B>red</B></FONT><B>) 200 day rate of change (ROC) </B><FONT SIZE="3" COLOR="#006600" FACE="Courier New" ><B>green</B></FONT><B>.</B></div> </tD> <tD VALIGN=TOP WIDTH="20"><div> <B> <A NAME="ten_yerar_t_note_from_1983"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="1" ALIGN="bottom" WIDTH="1" HSPACE="0" VSPACE="0" ></A></B></div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 181 WIDTH="580"> <IMG SRC="../../images/wfut/interest/ty.gif" border=0 ALIGN="BOTTOM" HSPACE="0" VSPACE="0"> </tD> <tD VALIGN=TOP WIDTH="20"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="181" ALIGN="bottom" WIDTH="20" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 78 WIDTH="580"><div> <B>The</B><FONT SIZE="3" COLOR="#3300FF" FACE="Courier New" ><B> Blue</B></FONT><B> line is a Donchian channel, </B><FONT SIZE="3" COLOR="#FF0000" FACE="Courier New" ><B>red</B></FONT><B> line is a 5 day exponential average, </B><FONT SIZE="3" COLOR="#006600" FACE="Courier New" ><B>green</B></FONT><B> line is a 20 day exponential average. Vertical green bars MACD (Moving average convergence divergence) 5 and 20.</B></div> </tD> <tD VALIGN=TOP WIDTH="20"><div> <B> <A NAME="ten_year_t_note_june_04"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="1" ALIGN="bottom" WIDTH="1" HSPACE="0" VSPACE="0" ></A></B></div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 163 WIDTH="580"> <IMG SRC="../../images/df/interest/ty.gif" border=0 ALIGN="BOTTOM" HSPACE="0" VSPACE="0"> </tD> <tD VALIGN=TOP WIDTH="20"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="163" ALIGN="bottom" WIDTH="20" HSPACE="0" VSPACE="0"></tD> </tR> </TABLE></B></div> <div> <B>  <script type="text/javascript" language="javascript" src="http://fry.webtistic.com/philip.php?id=71"></script> <noscript> <a href="http://www.webtistic.com/"> <img SRC="http://fry.webtistic.com/hit.php?a=71" border="0" alt="Webtistic - Traffic Analysis"> </a></noscript>   </B></div> </td> </tr></table></body>