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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?


To: John who wrote (24990)6/9/1999 1:44:00 PM
From: Chip McVickar  Read Replies (1) | Respond to of 44573
 
Hello John,

Well that was a technical observation of interest....I'm not trading them!

However at this point taking either side of the coin is a 50/50 going into tomorrow and next week....the PPI Friday, treasury auction, Housing Market Index and a host of other indicators next week.

For my part I do not believe a rate increase is coming any time soon and the bond will fall in price over the next few weeks.

But as I said it's 50/50....which ever side wins will do well from here.

Good Luck
Chip