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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: William H Huebl who wrote (18400)	5/12/1998 10:00:00 PM
From: Haim R. Branisteanu	Read Replies (1) \| Respond to of 94695

Bill the 3 year auctions went OK so the market went up. Again watch the TBond. The air pocket is building below those levels. The market action those days reminds me of 1987, at that time people ignored the rising interest rates - it was a new era - until the Bundesbank got in a wording fight with the US Treasury. Today "investors" ignore earnings and also we have SE Asia and Japan. AG is not raising rates as a result, but the grains are starting to move out of the basing process. BWDIK Haim