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Technology Stocks : Micron Only Forum
MU 244.90+1.6%Nov 12 3:59 PM EST
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To: TREND1 who wrote (51099)4/8/2000 11:18:00 AM
From: TREND1  Read Replies (1) of 53903
 
INVERTED CURVE means RECESSION WATCH !!!
On Friday 4/7/2000 the year 30 and 3 month rates became INVERTED.
Market 101 says that almost all RECESSIONS are preceded by an INVERTED INTEREST RATE CURVE.

If at the end of May 2000 , the Feds raise short term rates another .25% the INVERSION will
become even more.

Let me say it this way:
If a recession is RAIN,
then the INVERSION are the clouds.

Clouds are needed before rain can happen,
but not all clouds produce rain.

geocities.com
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