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To: waverider who wrote (111199)	1/19/2002 3:37:51 PM
From: Jon Koplik	Read Replies (3) \| Respond to of 152472

Re : "The market is telling us something" -- was the bond market telling us something when the 2-yr T-note had its sharpest sell-off in 24 years (in mid-November) ? The move was based on nothing, meant nothing, and has been reversed already. Jon. P.S -- Trading in the U.S. Treasury bond market is hugely larger than trading in the entire U.S. stock market (and the wireless sector of the stock market) (and one stock within the wireless sector of the stock market).