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To: Voltaire who wrote (46079)10/25/1999 6:11:00 PM
From: Boplicity  Read Replies (1) | Respond to of 152472
 
I wonder if they lose sleep over not being to move the market someday? You know Voltaire, it's whole other mind-set, to ascribe to your House moving/controlling the market. I can see it at times, others, it's seems too smoked filled, back room, Jessie Livermore like for me to accept. They almost have to do it concert, as if they are communicating. Maybe they do it by proxy, by holding the same stocks. light bulb time. hmmm You have any books on the subject?

Greg



To: Voltaire who wrote (46079)10/25/1999 6:15:00 PM
From: Jim Willie CB  Read Replies (1) | Respond to of 152472
 
VoltMan, we should begin to see micro moves in the form of gradual erosion of the belief that the Fed is done

what I mean is... with strong GDP data coming on Thursday, the bond market is soon going to expect that the Fed may raise rates NOT ONCE, but TWICE in the next few months

this economy is strong as hell
we had bonds sitting on the edge today
a move over 6.4% will bring about a strong market reaction
it would result in more bond selling
it would precipitate serious stock selling

do you believe the saying?
"when longbond yield hits a new 1/4 pct, it moves to the next 1/4 pct"

/ JW