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Strategies & Market Trends : Strictly: Drilling II

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To: Frank Pembleton who started this subject9/2/2003 9:33:45 AM
From: isopatch  Read Replies (1) of 36161
 
One more thing. Keep an eye on the 10 yr. Price of debt is

the bell weather for the broad market, in an economy over whelmed with debt.

And that key maturity bond has started the day with a big jump in yield. Remember, yield = the price of debt.

finance.yahoo.com^TNX

And, 4 1/2% is the line in the sand. Once she blows through that and doesn't look back, the broad stock indices are toast, IMHO.

Gotta run. Cya later.

Isopatch
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