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

To: Casaubon who wrote (19950)7/12/1999 8:36:00 PM
From: Les H  Respond to of 99985
 
Or the European investors. They're expecting the Euro to sink 5-7 percent by the end of the year. Add on a 6 percent yield.



To: Casaubon who wrote (19950)7/12/1999 8:55:00 PM
From: pater tenebrarum  Respond to of 99985
 
Casaubon, i agree 100% that Latin American investors are fleeing into U.S. treasuries. this in turn has prompted short covering and has started to draw in some of the money on the sidelines.

regards,

hb



To: Casaubon who wrote (19950)7/12/1999 9:05:00 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 99985
 
Casaubon, one more thing: the stock market wasn't worried today by the obvious flight-to-quality buying in the bond market. this in itself is worrisome, as it indicates complacency.

regards,

hb


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