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Strategies & Market Trends : Tech Stock Options

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To: donald sew who wrote (47766)7/14/1998 9:15:00 AM
From: Lee  Read Replies (1) of 58727
 
Hi Donald,..Re:<< So was yesterday a hint that money is starting to be pulled out of our markets and possibly shifting back to ASIA and other down markets.>>

Yesterday, the story was that the Bank of China was selling the short end per the following from TSC.
thestreet.com
Key Numbers: Dollar Slips, Dragging Bonds Lower

But the Bank of China's transactions, executed shortly after
8:30 a.m., had a larger and swifter impact.


Also, from yesterday - biz.yahoo.com
U.S. debt futures sharply lower in early trade

And from today -
biz.yahoo.com
U.S. Treasuries rise on benign retail, CPI figures

Bonds seem dependant on the dollar among other worries and the $ has travelled from 102 back down to 101.43 now.
charts.quotewatch.com

Regards,

Lee
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