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


To: Lee Lichterman III who wrote (20960)7/23/1999 3:16:00 PM
From: HairBall  Respond to of 99985
 
Lee: Well your right about the Bond closing, it will give a little insight into the "big boyz" short-term intentions....<g>

Regards,
LG



To: Lee Lichterman III who wrote (20960)7/23/1999 3:44:00 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 99985
 
I closed my long bonds and reversed to a short position at 115-25 in the September futures..... so, now I'm short both stocks and bonds, and long the crude.....

GZ



To: Lee Lichterman III who wrote (20960)7/23/1999 4:05:00 PM
From: Fun-da-Mental#1  Respond to of 99985
 
A sign of the times: the stock price of securities brokerage firms.

According to smartmoney.com, the performance of the brokerage sector vs. the Dow is as follows:

...............Brokers.....Dow
52 week:..+18.9%...+22.0
YTD:.......+29.6%...+18.7
month:.....+3.8%.....+3.3
5 days:....-7.5%.....-2.7
today:......-3.4%.....-0.6

For what it's worth

Fun-da-Mental