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Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?


To: MythMan who wrote (19510)3/21/2000 3:42:00 PM
From: Lucretius  Read Replies (1) | Respond to of 42523
 
that's becuase i think the bond expects stocks to collapse... recall, that's confirmation for us...

IRX shoudl spike top today or tomorrow and begin to fall thurs or fri to follow INTC down



To: MythMan who wrote (19510)3/21/2000 3:44:00 PM
From: Defrocked  Read Replies (1) | Respond to of 42523
 
There were a few looking for margin changes and
50 bps. rather than 25 bps. Oil has come off not
inconsequentially and the yield curve, although inverted,
is lower from a month ago for the 2yrs. on out.
M3 growth is still 8%. Dollar trading okay.

I think there are better places to short this market.
Bulls have no reason not to take the indices back to
record highs. BIDKJS.