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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Lee Lichterman III who wrote (22601)4/3/2000 12:02:00 AM
From: Gersh Avery  Read Replies (1) of 42787
 
Hi Lee, Chris and everyone ..

#reply-13319532

$1 TRILLION dollars worth of Japanese postal bonds mature over the next two years. I believe that 4/1/00 was the first set of these to mature. A good chunk of this will probably go into US bonds .. just a little better rate than they have been getting ..

Looking at the exchange rate on the overnight futures market, it looks like some of that is gearing up to head our way. Euro exchange rate sayz the same thing, but not as much.

S&P and NDX futures look glum right now .. however in light of the above, I would not be surprised to see a gap down open and then a move up that doesn't look back ..

FWIW

Gersh
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