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Strategies & Market Trends : January Effect 2003 -- Ignore unavailable to you. Want to Upgrade?


To: Londo who wrote (199)3/7/2003 11:31:23 AM
From: RockyBalboa  Read Replies (3) | Respond to of 666
 
No. The stock markets are insane. Today was another day on the German exchanges where traders made the day and anxious investors got hosed. Good example was when Volkswagen sold off a point and more and was an immediate buy then, rebounding into the green.

The german /European bond markets are healthy compared with that. If the stock markets are a bit strong (that happens sometimes at the opening) they dip a little, then they rise (what they usually do now). The 10Y future hit 116.50, thus beating the old high by 50bp in a few days.