Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Ed Forrest who wrote (143061)	9/28/1999 4:30:00 PM
From: JRI	Read Replies (1) \| Respond to of 176387

Bond continues to flounder due to Fed meeting next week...a few traders (unnecessarily) worries about gold uptick...(supply/demand issue, not inflation precursor)...some money shifted from bonds to stocks at close... Yen situation putting pressure on bond...this will resolve itself very soon....Japan can not afford the Yen (and the rest of the world does not want YEN) near 100 against dollar (or below)...and will intervene (heavily) to prevent it...Yen to settle at 110 (+/- 5 Yen) soon...IMO....of course, these things always overshoot on rallies, so I would expect to see 115...then back to 110... Strong rally in bond to follow...I reckon late this week..early next week....(as soon as Yen/Fed situation resolve)......Econ. data in October will continue to show market slowing (albeit, in small steps).... Bonds will be below 6.00 by Fed meeting...then onto to 5.82 during October...that will be good for high PE tech lovers...