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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 665.67-0.9%Nov 17 4:00 PM EST

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To: j.o. who wrote (18267)6/23/1999 12:59:00 PM
From: James F. Hopkins  Read Replies (4) of 99985
 
There is over supply in the bond market, a lot of over supply
I said a long time ago CreemSpam would be forced to hike rates
not just for all the bullish*t they tell us. Inflation is not the
big issue, the National Debt is, and they can't fund this stupid
system any longer if they don't raise rates, they have been told
by Big money they don't want the risk of the bonds with out
more interest, taht's that..If they don't sell bonds and they have
to shut the Government down, or we go on a wild wild inflation
run.
The stock market bulls are in for a surprise,
I'm really impressed at how well the specialist and market
makers have held the bids up as it is.
The interest rate has pushed up and it will go on up,
The big mortgage co's know this , home loan rates
are going up even faster.
Jim
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