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To: GST who wrote (90956)1/13/2000 4:01:00 PM
From: Mark Fowler  Read Replies (2) | Respond to of 164684
 
Mark -- what do you think -- was that a ST peak in rates? I have been
betting that way. If we can get past tomorrow, should clear the way for
more on the upside. Poor old Yahoo. <<

Poor old Yhoo has helped poor old Fowler a rich man and not only that it's coming into buying range soon.

On the 30 yr. Bond, two more has been price in so far and far too fast for the near term, lot's of resistance there at 67 4/32 of which has approached. i think we're in for a bounce. Now Greenspan will raise rates 25 basis points at a time and hold a bias towards higher rates for awhile to keep markets in check. I'll say the Bond could reach 7.25% for the yr. then start to back down and stabilize. Stay tuned LoL.