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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Real Man who wrote (379)3/9/2000 4:47:00 PM
From: GROUND ZERO™  Respond to of 33421
 
Hi Vi,

Up until the close of the bonds, I thought the bond market was on the brink of an upward breakout.. but they closed near their lows although still up on the day... apparently, the equity markets are expecting the bonds to move higher.... I think if I had to say one way or the other, I'd guess they'd move higher from here... personally, I'd give that market another day to tip it's hand, maybe with a buy stop above today's high... but, I'm thinking if AG is going to take on a threat of inflation, the 30 year bond would have to appreciate that.....

commoditiesfutures.com

GZ