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To: Lucretius who wrote (55844)8/10/1999 2:03:00 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 86076
 
i concur. next stop for catching breath should be 6,50%



To: Lucretius who wrote (55844)8/10/1999 2:13:00 PM
From: Defrocked  Read Replies (2) | Respond to of 86076
 
Nope. Can't have it right now.<g> Be patient.
You'll have to wait for one
of the following negative surprises:
8/13...PPI
8/17...CPI
8/17...IP
8/19...Trade balance
8/24...FOMC waffling
8/26...2Q GDP(r)
9/01...NAPM
9/03...Employment reports

Frankly, the slow burn into those numbers is more sustainable for the bears. Take another look at
today's trading: Have you ever seen a
more orderly 30 pt SPoo decline in the last year???

We're going to 6.5% bonds with an orderly stock selloff.
But a quick 2.5 pts off the bond will have have to wait
for one of the above releases IMHO. BIDKJS.