Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: Henry J Costanzo who wrote (76144)	6/18/2003 12:09:23 PM
From: Shack	Respond to of 209892

Indeed. Still pretty weak but I doubt the H&S is correct. Doesn't mean it won't participate in a 'c' of '4' down but I doubt it gets all the way to the H&S resolution. I've been watching KLAC for clues there, it is only retesting its H&S neckline now.

To: Henry J Costanzo who wrote (76144)	6/18/2003 1:29:44 PM
From: JRI	Read Replies (2) \| Respond to of 209892

Bond is breaking down here, no? Is there such thing as 'systemic risk' on US bonds?...I mean, the ol' adage goes that US would never default on its bonds, but I'd think as US financial position gets weaker (add'l leverage), there should be some adjustment of this risk level within the bond itself....something totally outside supply/demand daily factors....that could lead to higher rates, but not necessarily indicator that economic activity is picking.. Maybe I am showing bear bias here, but I have a hard time understanding (if idea is, as bond rates go up- economic activity picking up) where the pick up in growth is...I don't see it (and don't know anyone who does)..ex-housing, the situation looks even more skewed