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To: MythMan who wrote (27550)4/19/2000 8:27:00 AM
From: Lucretius  Respond to of 42523
 
exactly... just like in the indexes... when that hits 30% overvalued --which could be as soon as today???--- (that's my 1287 close assuming the 10 yr yield remains basically UNCH ...as the dollar weakens, the flight to quality bid in the treasury mkt should be offset by foreign selling for a net nothing).. so when we close at 30%, i would expect a PG-like opening at fair value... that's around 980 and then a move slightly lower before a bounce.... -ng-