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To: Bucky Katt who wrote (4495)	12/19/1997 4:55:00 PM
From: Bobby Yellin	Read Replies (1) \| Respond to of 116753

All of a sudden it hit me in the face (of course I could be wrong).. this market is being constantly played on the short term...with the incredible speed of information..bond players can dive in and drop the yields below 6 per cent and then the next minute short the futures..or whatever..Nobody is thinking about tomorrow..just today...also we don't know the layers upon layers of derivatives.. hope this doesn't sound stupid..but how else can you explain the drop in yield of bonds with the Japanese possibly finally unloading our bonds onto the market.. Good luck on your trading..I don't have the mental set to do it.. bobby