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To: Mark Fowler who wrote (63829)6/22/1999 3:36:00 PM
From: Sarmad Y. Hermiz  Read Replies (1) | Respond to of 164684
 
>> look at 30 yr.-- it's bonds plus some profit taking and margin adjustments going on..

This thing about bonds will continue to next Tuesday, right? I don't think any numbers come out before then. This means a very choppy (or down) market all this week.

But my point is last week when people were worried about rates, they were dumping all the net stocks. Then they calmed down when CPI was OK. Now if they get into the worry mood again, they will dump the nets again, and we'll lose the gains of the last few days.