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To: posthumousone who wrote (740)3/14/1998 6:11:00 AM
From: Arthur Tang  Read Replies (1) | Respond to of 1471
 
Thank you, Gary. You pulled our legs once too often now.

Bond prices up, theoretical (interest rate for the first year only) yields down; bad for stock market. Real interest rates up, bad for stock. Foreign exchanges up, bad for US exchanges. Options up, bad for stock. Futures up, bad for stock.

Good and bad is a measure of money coming and going out of US stock exchanges. Every thing else is relative based on the extent of the damage. Meaning, how much is bad, bad?