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Technology Stocks : INTEL TRADER
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To: MonsieurGonzo who wrote (5355)2/1/1999 4:16:00 PM
From: Gersh Avery  Read Replies (1) of 11051
 
Steve

I keep hearing the TV say that interest rate sensitive stocks are falling.

I remember rumors that ML was in a "lets scratch each others back" with the fed.

ML sayz market about to tank.

At least three times during the last couple of weeks someone large has sold off the spoo between 4:00 and 4:30. Just looked .. getting hit again today.

Carry trade reversed hard today .. perhaps that's just someone like LTCM unwinding .. maybe.

Many of these items would be symptoms of an interest rate hike.

It just feels very nasty.

Gersh
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