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Non-Tech : Invest / LTD
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To: Broken_Clock who wrote (7086)2/1/1999 7:59:00 PM
From: Lucretius  Read Replies (1) of 14427
 
bond mkt has much lower to go... check this out:

biz.yahoo.com

these are the key quotes IMO:

The declines came amid thin volume.
[my note--(liquidity is drying up)]

Momentum simply got the best of the market, said Gerald Guild, chief taxable fixed income strategist at Advest Inc.

''There is no justification, that I can think of, why the market should be this low today,'' Guild said.

[nobody has a clue why there is selling which means there's lots more on the way]
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