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To: TREND1 who wrote (51099)4/8/2000 11:18:00 AM
From: TREND1  Read Replies (1) | Respond to of 53903
 
INVERTED CURVE means RECESSION WATCH !!!
On Friday 4/7/2000 the year 30 and 3 month rates became INVERTED.
Market 101 says that almost all RECESSIONS are preceded by an INVERTED INTEREST RATE CURVE.

If at the end of May 2000 , the Feds raise short term rates another .25% the INVERSION will
become even more.

Let me say it this way:
If a recession is RAIN,
then the INVERSION are the clouds.

Clouds are needed before rain can happen,
but not all clouds produce rain.

geocities.com



To: TREND1 who wrote (51099)4/10/2000 10:13:00 AM
From: TREND1  Respond to of 53903
 
Hal will sell MU today (4/10/2000) if MU
trades below 126 1/2.
Posted 7:10AM PAC
If a sell occurs today, Hal doesn't know
if a short position will be taken. That
decision would take place near close.
Larry Dudash
PS: Low so far is 129 1/2