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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: Sonny Blue who wrote (140)6/17/1999 4:20:00 PM
From: J.T.   of 19219
 
Sonny, Partly to do with Fibonacci retracement from when bond yields were at about 5.78% and bonds yields overshooting way too high to 6.135% cash yield because of uncertainty with CPI and Greenspan hanging over markets head. This "fear" has subsided and look for Mr. G to raise 1/4 and then leave things alone unless we get more unpleasant surprises.
Best, J.T.
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