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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 (9288)10/14/1999 12:17:00 PM
From: Justa Werkenstiff  Respond to of 15132
 
SPY chart shows bounce off Justa's 126 and change support this morning. Now trading at 127.375. Hard to imagine support holding the next few days in light of a 5 basis point long bond move on top of the move yesterday.



To: Justa Werkenstiff who wrote (9288)10/14/1999 1:42:00 PM
From: Wally Mastroly  Respond to of 15132
 
Bond market still down, stocks flipping up? + FED Philly guy:

biz.yahoo.com

Excerpts:

>''The bond market is not getting any help from the economic data,''<

>'It looks like we're in danger of breaking out of that 5.80 percent to 6.25 percent range we've been in for a long time,''<

-

..on a more positive note, Fed's Boehne sees US growth, low inflation in 2000:

biz.yahoo.com