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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: John who wrote (248085)7/2/2003 6:31:47 AM
From: UnBelievable  Read Replies (1) of 436258
 
It Will Be Interesting To See If They Can Not Just Keep Stocks Up

But also keep bonds up.

The long bonds appear to be sitting on a H&S neckline. Furthermore after having been 'deprived' last week of half of the rate cut they felt the Fed had promised them the bond traders do not appear inclined to give anyone much of the benefit of the doubt.

Its hard not seeing strength in equities pushing the price of bonds down (interest up) over the edge.

And of course rising interest rates can be hazardous to debt bubbles health.
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