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To: Sarmad Y. Hermiz who wrote (61967)6/11/1999 3:29:00 PM
From: GST  Read Replies (2) | Respond to of 164684
 
Sarmad -- whats with the light volume? I think the trend is down, but with expiration coming my position becomes more risky. Did you see how easily the bond took out the supposed 'strong' support at 6.09? I think a yield at 6.25 or over next week will suck the oxygen from this stock market.



To: Sarmad Y. Hermiz who wrote (61967)6/11/1999 3:48:00 PM
From: X Y Zebra  Respond to of 164684
 
I hope you are having a good day.

Watching intently... cautiously...

$TYX closed @ 6.135 %... I thought if it went anywhere near $6.25%, (Monday perhaps ?), the equities market would do one of those high volume sell-off... (which actually it could be better).

I guess, it is "marking time" waiting for CPI announcement day.

Here is something interesting....

Message 10085048
Message 10084475

A perfect day to go for some Flog... and forget this casino... a little confusing for the moment, too dangerous to try guessing it...

In the end, chances are they may have overdone the interest rates thing, I do not see the so much talked aboout "fears of inflation"...

But I am not arguing.... (particularly when confused).