SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Jerry Olson who wrote (26311)9/19/1999 7:31:00 PM
From: TimbaBear  Read Replies (2) | Respond to of 99985
 
OJ....since the new CPI numbers put aside the current fears of inflation, one of the main things holding up the long yield is the fear of an inflationary impact of a strong Yen....I think the big money people may not be as confident in Summers doing what is necessary to support a strong dollar as they were in Rubin....if we see a coordinated support of the dollar by the US and BOJ, then I think we see long yields drop to about 5.75 and a nice rally in the tech sector....I don't see a huge drop in yields because there are still the energy price increases and an increasing strength in Union contracts to provide concerns for the Fed.



To: Jerry Olson who wrote (26311)9/19/1999 10:02:00 PM
From: bobby beara  Read Replies (2) | Respond to of 99985
 
Jerry before we get to exhuberant, the nifty five are overbought at these levels, i think the first key is to watch the downtrendline on the spx and see what happens there, if we fail to take that out, the bulls that saw this reversal will gladly take their nice short term profits to the bank.

bb