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

To: bearshark who wrote (1563)5/11/2000 6:37:00 AM
From: GROUND ZERO™  Respond to of 33421
 
Good Morning Bearshark,

I don't know if 109,000 is forcing an analogy or not... but I do know that the NIKKEI appears to be in trouble right now and that Japanese investors may actually be selling out and buying 30 year bonds... this would explain why the bonds are being bid up overnight and then sell off during our trading day... although, things might have changed now that the U.S. equities are also looking weak.....

GZ



To: bearshark who wrote (1563)5/11/2000 10:49:00 AM
From: John Pitera  Respond to of 33421
 
Thanks Bearshark, I agree with you in the big picture that
Japan will be up in the longer term. We still have
time with the Nikkei as you point out.

(note to my short term trader friends, so don't buy for
the rally this week!!!) -g-


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