Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (17112)	4/23/1998 8:46:00 AM
From: Haim R. Branisteanu	Read Replies (1) of 94695

Bill, we are getting a slight divergence between the long bond and the stock market. Stocks drifting up bonds drifting down. As the treasury market is comprised of more professional participants I can only assume that we are getting closer to a nasty correction. Gold is also drifting higher. Only the negative sentiment spoils my prediction! Europe is in full recovery mode and I suspect that Japan is selling bonds therefore the low dollar and relative high interest rates. I think AG is happy with this developments as the long bond puts a damper on the economy and does the dirty work for him. BWDIK Haim

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