Working All Day, But Trading Behind the Bosses Back Thread Message Board

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Strategies & Market Trends : Working All Day, But Trading Behind the Bosses Back Thread

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To: Mark[ox5] who wrote (598)	2/24/1999 6:53:00 PM
From: Mark[ox5]	of 779

Aha! I see why the sell off...long term 30 year rate broke 5.50%... ouch! But Greenspan has his hands tied.. he cannot raise rates at this time due to the rest of the world still being weak... would kill them if he did. But the interst rate rises in the 30 year will continually spook the market. Anything over 5.50% is major negative... with these valuations in the market. Mark

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