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Strategies & Market Trends : Tech Stock Options
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To: Nemer who wrote (49880)8/14/1998 11:27:00 AM
From: Lee  Read Replies (1) of 58727
 
Hi Nemer,..Re:<<long bond>>

Something fishy going on with US8U. Inerest rates down 0.086 and bonds only up 8 ticks? Normally with a move like that in rates, bond rallies more than a full point. Also, we're at an all-time low on rates now at 5.552, yet US8U isn't anywhere near it's all time high of 124^22 or so done on the 11th.

Have you ever seen something like this before? ALso cash bond not doing so great either for the rate - now at 5.549! Wow - now down 93.

Regards,

Lee

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