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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: Crimson Ghost who wrote (18613)6/22/2001 2:41:00 PM
From: Jdaasoc  Respond to of 30051
 
10-year T-bond yield has dropped from 5.5% to 5.15%

Sign that 50pt cut is more probable

john



To: Crimson Ghost who wrote (18613)6/22/2001 2:43:13 PM
From: Zeev Hed  Read Replies (1) | Respond to of 30051
 
That is true, but bear markets usually end up with the S&P undervalued. I also believe that the earnings side of that valuation model are at least 10% too high, thus we are exactly where we were. (g).

Zeev


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