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To: ratan lal who wrote (48822)7/29/1998 1:42:00 PM
From: donald sew  Respond to of 58727
 
Ratan,

I believe that the interest rates will become a more important negative effect to the stock market as it approaches 6%. Just a guess the nervousness may start around 5.9%. At this time the interest rate is basicly decoupled from the stock market..

However the trend is upwards in the interest rates and we could get to the 6% range in about 2-3 weeks if this uptrend is maintained.

Seeya



To: ratan lal who wrote (48822)7/29/1998 1:44:00 PM
From: Lee  Read Replies (2) | Respond to of 58727
 
Ratan,..Re:<< if Interest rates are in an uptrend then Stocks should be downtrending.>>

Normally this is the case; however, recently the S&P and Tyx have been tracking until yesterday.

bigcharts.com

Regards,

Lee