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Strategies & Market Trends : The Millennium Crash -- Ignore unavailable to you. Want to Upgrade?


To: Haim R. Branisteanu who wrote (4787)12/23/1999 1:53:00 PM
From: set  Read Replies (1) | Respond to of 5676
 
at a glance the tyx.x chart looks suspiciously like
the NDX.

tscn.com

tscn.com

obviously with significant differences in scale and
with an apparent inverse correlation in short term
swings.

I don't know the meaning of it, but there is obviously
not a simple inverse correlation between the interest
rate and stock prices in the longer time frame. In
fact the similarity, and the fact that the bond market
is such an enormous pool of money, suggests that it is
the well from which this current mania is drinking.