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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: bill meehan who wrote (64191)9/25/1999 9:34:00 AM
From: Haim R. Branisteanu  Read Replies (1) of 86076
 
Bill as I anticipate a return to the downdraft after midweek I speculate that bonds will move higher after a period of 2-3 days of consolidation.

Trade deficit and inflation (around 3.75%) have picked and the rate of change will slow down or even turn negative.

NYC apartment sales are starting to cool down from previous frenzy contracts are not flipped with the gains as before.

Just wonder how the BLS will play those numbers out with their so called "seasonal adjustments".

There is another observation worth nothing <G>

For the last month and last 2 months (date to date)

Bonds are down 1.6%
Stocks are down 8%

Since February the NYSE and SPX has done nothing. People will still notice and ask questions.

BWDIK
Haim
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