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To: Olu Emuleomo who wrote (61539)6/10/1999 7:41:00 AM
From: GST  Respond to of 164684
 
Olu -- when did I become KIS -- I only do that with a select portion of the species -- no facial hair please. You assume there is no trend in bonds. Wrong. Yields are going up. The bond market has priced in a quarter point rise. We will see three or four times that. The stock market is still saying -- duh, what? -- and the tech stocks are saying ya, whatever. Fasten your seatbelt. BTW, a couple of posts ago I mentioned a good use for a whistle. If the market goes down, whistle really loud and one of the internet analysts will hear you and issue a press release that will cause all internet stocks to quadruple overnight. It always worked before -- yes?



To: Olu Emuleomo who wrote (61539)6/10/1999 8:09:00 AM
From: GST  Respond to of 164684
 
Olu -- did you see the Bank of Japan jump in last night with both feet to head off the surprise jump in Japanese GNP? Old news right. Forget about resistance on bond yields -- we now have a trend. The stock market will not ignore the trend much longer. We are going down. The semis - which I love -- are overbought and heading down here also -- IMO.


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