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Politics : Idea Of The Day
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To: Lee who wrote (30500)1/20/2000 11:31:00 AM
From: IQBAL LATIF  Read Replies (4) of 50167
 
Thnaks a million, just making some relationships and working on this bond trade.. I like it to go back to 6.60 from here and come back up to 6.75 take it out and move on to 7.. that window of opportunity to see a rally in the market as bonds drop and than sell off as yields go higher, timing of this thing can be refined as I make lot of sense with your pictures.. what looks very simple needs a lot of back ground work,, Lee thanks again.. close of DOW below 11500 for second day will put a lot of pressure on old economy that will release some pressure off bonds that may let bonds go to 6.60 and than as market realize that asset inflation is not in line with DOW drop as core NDX keeps making new high the yields move back up and more ferociously setting for a big fall.. so that scenerio I am working on..
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