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Strategies & Market Trends : Waiting for the big Kahuna

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To: Bilow who wrote (9061)11/3/1997 9:10:00 PM
From: P.T.Burnem   of 94695
 
Carl,

Financial markets, both here and abroad, get their marching orders from the long bond. Any divergence is bound to be either short-lived or crashed.

IMO, the long bond is in the process of discounting a number of bearish economic reports released last week that, for a moment, got overshadowed by the SEA currency crisis.

PTB
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