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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Cathedra who wrote (35623)12/21/1999 3:56:00 PM
From: KeepItSimple  Read Replies (1) | Respond to of 99985
 
>Long bond yield ended the session at 6.450%

Nope. It now appears to have settled at 6.46.



To: Cathedra who wrote (35623)12/21/1999 6:32:00 PM
From: Lucretius  Read Replies (4) | Respond to of 99985
 
i thought the bond yield would break out of its channel today and thus the selling would begin in stocks.... but i was wrong. the bond is still just barely inside the channel... gap it tomorrow and get a serious break and the naz should gap up and reverse and the crashwave in stocks should begin, imo.

then again, maybe it'll be July and 9% before YHOO sells off -g-


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