SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 229.55+0.2%Dec 5 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: GST who wrote (73471)8/12/1999 8:33:00 PM
From: Mark Fowler  Read Replies (3) of 164684
 
Mark: If inflation 'suddenly' shows up ala the ppi, we will see 6.5 tomorrow.
If, and this is less likely, but if we see a bad ppi followed by a bad cpi, you
will not need to wait till the 24th -- we will see 7% next week. <<

Hang on a minute your speculating wildly here now is maxium measurement 6.5 is the measurement for the inter term -- 7% next week no way ...

Edit: Here's a tecnical view from prudential on CRB,Interest rates and gold

CRB Index (198.18 Cash) continues within its sharp recovery off of the mid-July lows and
appears poised to challenge the early January peak at 198.96 over the next several
sessions. Some hesitation is anticipated into that level. Secondary near-term objectives
are now seen to 201.50. Near-term support levels are seen at 193.58 and then 190.00.
Near term, we look for a 193.58 - 198.96 range. The intermediate-term trend has now neutral

Gold ($261.10 basis the August Futures contract) has now broken out above near-term
resistance at $260.00 suggesting additional potential to secondary near-term resistance at
$265.00 over the next several sessions. Near-term risk to $249.00 is negligible at this
juncture. Initial support is now seen at $256.80 while secondary support continues to be
seen at $253.20. Near-term parameters are now seen for a $256.80 - $265.00 range
Critical resistance within the intermediate-term trend is seen at $280.40. The long-term
trend remains down with risk existing to $236.00. Critical longer-term resistance is seen at
$289.00. A move through $289.00 would be necessary to neutralize the major downtrend
which exists in gold.

turned up with potential currently existing to 206.73. Key intermediate-term support is
seen at 182.50. On a long-term basis, the trend is now neutral.

30-Year Treasury Bond Yield (6.21%) has now exceeded recent peaks ( near-term
resistance ) at 6.20% yielding additional near-term upside potential to 6.36%. Initial
support is now seen at 6.12%, secondary near-term support at 6.02%. Intermediate-term
expectations are now revised up modestly to a 5.85% - 6.50% range. Long-term upside
potential is seen to 6.50% initially and then 6.70%. Long-term parameters currently exist
for a 5.41% - 6.70% range.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext