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To: gbh who wrote (46710)5/12/1998 4:28:00 PM
From: Todd N  Respond to of 61433
 
>>Anyone have an idea what powered the broad market rally late in the day?<<

The long bond rallied toward the end of the day. Back under 6% to 5.955%.

Hope the numbers tomorrow are good enough to keep it under 6%! :^)

Todd



To: gbh who wrote (46710)5/12/1998 4:32:00 PM
From: Jan Crawley  Respond to of 61433
 
Anyway, how about COMS bouncing of 30. Don't own 'em, but 30 may be the bottom.

Thinking about writing puts, still waiting and watching..

Jan

P.s. Amat just reported 37 cents earnings. In line; but cautious about next quarter...



To: gbh who wrote (46710)5/12/1998 5:09:00 PM
From: Dennis R. Duke  Read Replies (1) | Respond to of 61433
 
All the talking heads have been saying 6% on the bond is pivotal for the stock market. Anything over run for cover, anything under positive. Could be that the money managers listen to the talking heads.

Just an opinion, Dennis