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To: Mohan Marette who wrote (132033)6/9/1999 12:25:00 PM
From: Lee  Read Replies (1) | Respond to of 176387
 
Hey Mo,..Re:.OT

You'd think with all the hullaballou over the 6% level that everybody was going to dump stocks and buy long bonds! <g> Just when they all buy bonds to get the 6% 'safe' return, bonds will rally big time!

Looks like the market has done the bidding of the jawboning. <g> Now what's going to happen if they don't raise rates on the 30th? Another hullaballou no doubt.<vbg>

FWIW, I don't think we'll get a rate hike unless the hawks really overpower AG.<g> Famous last words. LOL! Been wrong before though!<g>

Cheers,

Lee



To: Mohan Marette who wrote (132033)6/9/1999 12:35:00 PM
From: stock bull  Read Replies (1) | Respond to of 176387
 
Mohan, re:<< The Long bond is over 6% today,I thought the world was going to explode at the sight of 6%,guess not.>> Mohan, the fuse has been lighted. Explosion at 6.25%. <ggg>

Stock Bull