INTEL TRADER Message Board

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Technology Stocks : INTEL TRADER

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To: Gersh Avery who wrote (8379)	5/16/2000 11:09:00 AM
From: MonsieurGonzo	Read Replies (1) of 11051

TMW.X - Total Market index has busted outta DownTrend... OEX+NDX - Benchmark Index will do same today. Looks like Paul and DJ nailed the last "optimum" StockFund @ Market On Close entry point, 10-MAY, when both OEX .AND. NDX indices hit their 200d EMA's. The Corporate Bond market is in a bad way, no liquidity - scant volume and lack of a clear TYX benchmark to price new debt. Last time this happened was during that Russian Ruble currency crisis, subsequent equity market crash. In the past, Fed & Treasury have backed down when the Corporate Bond market stopped functioning - so, I wonder what, if anything they will do about it now. happy trading, Dudes - another few daze and then I'll be pulling the plug here (^_^) -Steve

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