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To: QwikSand who wrote (16911)6/7/1999 3:56:00 PM
From: Alok Sinha  Read Replies (2) | Respond to of 64865
 
I think stocks will rally in the short term but fall back as the 30 yr bond will probably go over 6%. It is like a no win situation for stocks, IMO, till the long term yield start heading back down to the 5.5 range (not likely to happen though).

Hopefully earnings will be a driver and rates will take a back seat going into July.

Regards

Alok