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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Robert Graham who wrote (4139)12/11/1997 7:57:00 PM
From: Robert Graham  Read Replies (1) of 42787
 
I want to add to me previous post here that I recently came across evidence that the move down by bonds in relationship to the move up by the stock market may not necissarily be due to recent institution participation in the market throught their liquidations in the bond market. CNBC reported that there already has been bond selling by Japanese interests. If this heats up, IMO it can spell trouble for the stock market. Out of all the negative things that I can see happen to the market, this would rank up there. The Japanese sell off of their bond holdings in our market was one of the most significant concerns that I had as an outcome of their current economic problems. But this situation is still too premature to call.

Bob Graham
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