SI
SI
discoversearch

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.
Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: IQBAL LATIF who wrote (12702)10/24/1997 11:16:00 AM
From: Hawk  Read Replies (1) | Respond to of 50167
 
Ike

SOX took out 315, does not look good.

Marc



To: IQBAL LATIF who wrote (12702)10/24/1997 12:08:00 PM
From: Mark  Read Replies (3) | Respond to of 50167
 
Iqbal, Mohan re: What do these roadsigns tell us?

Normally I'd say the bell.w. 30 yr bonds are looking great as an
indication of better days to come for equities with yields marching
steadily to the 6% level. Commodities levels don't seem to be able to
get closer to the CRB 260-280 danger range which would pressure bonds
in the other direction. Sox really sox though & I suppose Donald might
say it was diverging and will come back with a vengence especially
with bonds leading the way. Iqbal, how long do you suppose it will
take for equities to follow the smart bond money?

Mohan, your contributions are very valuable & I wonder what your radar
is telling you & how you interpret the strong bond/weak equity
paradox?

CBOT 30 yr bond
97Dec 98Mar 98Jun
High 11702 11623 11609
Low 11527 11520 11531
Last3 11624 11616 11605a
Last2 11623 11615 11604a
Last1 11624 11614 11603a
N Chg 14+ 14+ 14+

30-Year Bond 11:54AM 62.72 -0.48 -0.76%

CRB Futures 11:54AM 243.40 -0.29 -0.12%

Phil Semi 11:54AM 306.14 -26.72 -8.03%

Respectfully,

mark