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


To: Teresa Lo who wrote (18117)6/22/1999 11:28:00 AM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 99985
 
ItSP, what is your take on todays action?

Thanks
Haim



To: Teresa Lo who wrote (18117)6/22/1999 1:36:00 PM
From: bobby beara  Read Replies (1) | Respond to of 99985
 
>>>Traditionally the interest-sensitive Utilities Index closely tracks bonds, but over the past several months, it has practically gone straight up as the Treasury Bond futures sell off day after day<<<

IS, i believe the utilities have had an inverse relationship to the S&P and that relationship has been stronger lately than the relationship to bonds.

very nice web site

bb