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.
Strategies & Market Trends : Waiting for the big Kahuna

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Terry Whitman who wrote (43145)8/24/1999 4:27:00 PM
From: B.REVERE  Read Replies (1) of 94695
 
Greenie may have to hike rates sooner than you think. His main
concern has always been the bond market. With the dollar falling to
111.09 today against the yen, it nears the key support level of
110.65. Should it be breached, then the bond tanks as the Japanese
reduce their bond holdings before their dollar/yen conversion evaporates. Japan holds thirty per cent of US treasuries, as they save and we don't. Spammie is between a rock and a hard place as he
was last year when LTCM almost pricked this bubble. However, this time it's not so easy. Raise again and this well earned 50% retracement of this highly overpriced market will start on cue.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext