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Strategies & Market Trends : The Player's Club
SPY 691.72-0.1%Jan 16 4:00 PM EST

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To: GROUND ZERO™ who wrote (2956)12/16/1999 2:30:00 PM
From: Defrocked  Read Replies (1) of 11513
 
I agree with your rate projection. Given
an average Dec. oil price of $26, the Dec.PPI
(released on Jan 13th) will be +.5% minimum with
+.8% not out of reach. Q4p GDP is running 5%plus,
usually released the last week of Jan..The Desk
has to close out all its repos. And the spector
of the Feb.1/2 FOMC meeting looms. 6.7% by end of Jan.
That's potentially an 88 or 89 handle on Mar.bonds.

At some point, the NDX stocks will have to take
some profits. But I thought that weeks ago. So IDKJS.<g>
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