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To: Siddhartha Gautama who wrote (61395)9/13/1999 10:33:00 AM
From: MythMan  Read Replies (2) | Respond to of 86076
 
what are you talking about? Luc's been saying this crap since last year -g-



To: Siddhartha Gautama who wrote (61395)9/13/1999 6:36:00 PM
From: Lucretius  Respond to of 86076
 
got lucky and myth is right, i have been talking about these moves in currency and bonds for some time.... but it has taken FOREVER to finally complete the moves..... but things are finally starting to happen now.....

the bond should break 6.25 and move up to 6.5 (based on where DBRSY has topped out) and then begin a sharp rally as stocks crash. my speculation is that it could play out something like 1987 where we selloff into the expiration and then break the Oct lows on the Monday after with a thunderous crash, but we'll just have to see.... it could be a few weeks away.... one never knows....

Wed's CPI would be a nice catalyst to break the bond up to 6.5 wed-thurs.