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Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?

To: MythMan who wrote (50240)6/30/1999 2:46:00 PM
From: Defrocked  Read Replies (2) | Respond to of 86076
 
Nothing has changed. Expectations were hit.

Except no one expected crude up 70c or copper
up 5c today. Chicago NAPM was also 1% above
highest expectation.

Fed did not act to slow economy, only lessen
the difference between market rates and prior target.

I'm short bonds again on that hike spike.



To: MythMan who wrote (50240)6/30/1999 2:49:00 PM
From: IceShark  Read Replies (1) | Respond to of 86076
 
I don't know. The Fed is clearly trying to keep the bubble inflated with the bias change ...... so contrary indicator says they will fail. -ng-


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