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Technology Stocks : INTEL TRADER

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To: smolejv@gmx.net who wrote (3623)8/26/1998 6:38:00 AM
From: smolejv@gmx.net  Read Replies (1) of 11051
 
for bund lovers (from the German ticker here):

The bond market is marked by hectics and signs of insecurity. It's sitting in a technical trap: an extremely high number of open positions in september bund future contracts is being confronted with a low volume of deliverable bonds. The hopes of the market are in the hands of the european future exchange EUREX, which could help ease the problem through cash-settlement procedure. The situation should be clarified over the day through an official statement by the exchange. The bund future momentarily at 113.33

DJ
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