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Non-Tech : Invest / LTD
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To: Lucretius who wrote ()10/15/1998 8:27:00 PM
From: Jay8088  Read Replies (2) of 14427
 
LC, how can you be so sure? With today's short squeeze rally some mucho important resistance points were taken out. In fact, at this point one can make a decent technical argument that we have seen an intermediate term bottom at 7400 DJIA. And today long bonds rallied as far as I know. Are you sure this rate cut would doom the dollar (vs. yen) and kill long bonds? Could you explain?
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