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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: pater tenebrarum who wrote (17846)	6/18/1999 8:55:00 PM
From: bearshark	Read Replies (1) \| Respond to of 99985

options.nasdaq-amex.com

To: pater tenebrarum who wrote (17846)	6/18/1999 9:02:00 PM
From: Les H	Read Replies (1) \| Respond to of 99985

Didn't TYX merely have a short-covering rally from its recent high yield around 6.13 to 5.94, a level which was previously resistance? The TYX and TNX appear to have turned back up in yield from similar resistance/support levels. In addition, after the Fed raises fed funds rate, isn't it customary for banks to respond over the following days with prime rate increases?