MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

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To: KevinMark who wrote (65181)	12/24/2000 2:37:28 PM
From: Stcgg	Read Replies (1) of 99985

Kevin, I also disagree.. Michael, charts never lie, and the yield dropped to 41-42 back in October of 98. I'm not saying the yield cannot reach that low, but I am saying $$$'s will begin pouring into equities over the next 3 1/2 months, before they continue to drive the yield any lower. T-bonds have had their run, now it's time for equities to have theirs. The money leaving bonds probably won't be entering stocks, since I believe it's repatriation of European funds.. Bonds were owned at a higher percentage than stocks and money is leaving US markets, the declining dollar will just see more of this.. >><<

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