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To: Mark Fowler who wrote (73513)8/12/1999 9:25:00 PM
From: GST  Read Replies (1) | Respond to of 164685
 
Most estimates for the core are either flat or up one tenth of one percent with the 'headline' number (including energy) up three tenths. A core up 1 or 2 tenths would be a small problem -- bond yield at 6.3 or a little higher. A core up 3 tenths or more and we have a real problem. Similarly, a total increase of say 4 tenths or 5 tenths and we have a problem. A problem is very possible.



To: Mark Fowler who wrote (73513)8/12/1999 9:36:00 PM
From: Michael Young  Read Replies (2) | Respond to of 164685
 
You are kidding yourself if you think the nets can survive a move over 6.35%.

Just take a look at the weekly charts for AMZN and YHOO. Can they get any uglier?

MIKE


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