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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (29097)10/1/1999 3:26:00 PM
From: Lee  Read Replies (1) of 50167
 
Hi Ike,..Re:.I am watching Treasury to give me intial signal of a break like 6.15 being taken out

Good call, glad I didn't buy any US9Z calls! <g> Did shop for some but even the 116 was very expensive and we keep seeing lots of economic strength so I hesitated. The strength doesn't show in the CPI and PPI but it shows in consumer spending, auto sales, home sales and the NAPM.

Also, looks like once the bond futures closed, NDX, SOX and COMP all turned around. Guess we're tied to the bond market for awhile. <g>

Best,

Lee
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