The Naked Truth - Big Kahuna a Myth Message Board

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To: MythMan who wrote (55791)	8/10/1999 12:27:00 PM
From: Defrocked	Read Replies (2) of 86076

You dippin' today? Great technicals-s- quote.yahoo.com Back-slapping Inut dippers on last Thurs. are now in or approaching red from that entry/reentry pt. Bonds can also return to red territory before close today. Important 30yr/10yr spread only +10 bps today--the lowest over the last year. 200DMA of 1295 for SPU9 may turn into possible ceiling. A 25bp hike by Fed does nothing to credit demand as AG is just following the market. Credit demand could be influenced by stock market decline. But 250K nonfarm always possible in months ahead. Bond market needs 50 bp rise 8/24 or price erosion will continue. Rising Japan and Euro rates will maintain pressure on dollar. BWDIK.

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