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Non-Tech : The Critical Investing Workshop

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To: r.edwards who wrote (2213)2/3/2000 8:51:00 AM
From: Jim Willie CB  Read Replies (3) of 35685
 
all backfilling seems done deal to me
good action on Q at 140 level
we chipped away at relief sellers from underside
we continued thru it after the Fed hike
we are bidding up nicely toward 145

big favorable job news this morn, bonds up big
stock futures up somewhat, not huge
Battaglia on CNBC now, sharpie
he is concerned about rapidly dropping 30yr TByield

USGovt refunds 30yr TBond with federal surplus
world holds their US$ in reserve in 30yr TB, which could cause some currency instability
at least those reserves are rising in value with dropping yield

Swiss raised rates also, so got some rate coordination

my brokerage house Bear Stearns just raised QCOM maintenance
it is now 65% !!!! used to be 35%
I had to sell some margined QCOM shares, and PISSED OFF

/ Jim
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