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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?


To: Justa Werkenstiff who wrote (8937)9/28/1999 4:32:00 PM
From: Wally Mastroly  Read Replies (1) | Respond to of 15132
 
Justa: Despite the probable good 3Q earnings that are pending for most companies, don't see how the markets can move too much higher until interest rates start turning down (as Brinker has said repeatedly).

quote.yahoo.com

Thirty year bond yield worked its way back to almost 6.1% (can 6.25 be far behind - again?). Prospects are for another tweek of the short term rates before the year is over.



To: Justa Werkenstiff who wrote (8937)9/28/1999 4:53:00 PM
From: Investor2  Read Replies (1) | Respond to of 15132
 
RE: "I am justa sitting on the sidelines looking for an overreaction in one direction or another."

So you don't think this morning was an overreaction?

Best wishes,

I2