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To: craig crawford who wrote (106741)	6/5/2001 6:37:05 PM
From: patron_anejo_por_favor	Read Replies (2) \| Respond to of 436258

<<didnt the long bong top out (in price) like the day greenspan cut rates for the first time?>> Errr, I assume you meant long BOND!<G> It spiked after the first panic January rate cut, then pulled back, then made a slightly higher high around the March 20 cut, and is working on dropping ever since: stockcharts.com (TYX of course is inverse to bond price). If BubbleBoy does cut 50 again, the bond will TANK, taking the refi's with it for good...