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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: loantech who wrote (6361)	5/14/2004 12:29:34 PM
From: mishedlo	Read Replies (1) \| Respond to of 116555

If that is down that may mean higher rates and I did not think that was your outlook or did you mean market down yields down? Thanks Mish for all you do. tom Correct me if I am wrong but I did not say "down" in the post you replied to so I do not know how to answer your question. I will try this. There was a stunning reversal in treasuries today (I am assuming after the market digested the inventory numbers). Yields should continue to fall and treasuries to rally, to where I do not know but I would expect some continuation from this. Mish

To: loantech who wrote (6361)	5/14/2004 12:52:18 PM
From: mishedlo	Read Replies (1) \| Respond to of 116555

Oil Patch Humor NEW YORK (AFX) - Morgan Stanley raised its 2004 oil price forecast to $33 per barrel from $28, citing higher marginal production costs, unusually tight refined markets and expectations of continued OPEC cohesion. June crude futures were last trading up 24 cents at $41.32. As a result, analyst Douglas Terreson raised his earnings and stock price targets on several oil companies, including Exxon Mobil , ChevronTexaco , ConocoPhillips and Marathon Oil fxstreet.com