The Thread Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Thread

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Bo_ who wrote (25190)	12/18/2000 12:19:15 PM
From: KevinMark	Read Replies (1) of 49816

First of all, look at this chart....http://stockcharts.com/webcgi/wb.exe?SC.web+$tnx Now this one.......http://stockcharts.com/webcgi/wb.exe?SC.web+$ust The point? The markets are sitting just off their lows of the YEAR! The BOND markets are screaming SELL, based on the charts. The markets are not running up in anticipation of this news. Therefore, I don't particularly think they will sell off either. I noticed some VERY HEAVY institutional buying in some issues on Friday, that have NOT fallen below their block prices today. That indicates to me, we will not sell on the news. Why? Because EVERY one expects us to sell off. Don't be surprised to see the markets run after the decision tomorrow. Load the boat when you see the 10 year treasury yield ($TNX) drop to 50. HEAVY support at those levels. KM

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next