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


To: accountclosed who wrote (3146)1/11/2001 11:46:03 AM
From: John Pitera  Respond to of 33421
 
The US Govt Bond market has had a massive move up in
price/down in yield and so the other parts of the
credit market are rallying to catch up to this big move
lower in yield.

It does help to inflate the number of NYSE new highs, but
then again it reflects that Lower rates means greater
liquidity, and that's good for Stocks.

Especially keeping in mind what Martin Zweig was always
saying........ Don't Fight the Fed