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To: IQBAL LATIF who wrote (14228)11/14/1997 11:08:00 AM
From: Gaston Teran  Read Replies (1) | Respond to of 50167
 
Bond market flying, the 30-yr yield is only 6.06%. I guess this is clearly flight-to-quality. My question is if the yield crosses the important physcological 6.0% barrier, this will reflect negatively upon stocks, right?

Gaston



To: IQBAL LATIF who wrote (14228)11/14/1997 11:35:00 AM
From: KM  Read Replies (1) | Respond to of 50167
 
IQ: I agree with you about a reversal. I like your trade idea on the SOX. I was about to start looking for a play there.