SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?


To: ratan lal who wrote (48826)7/29/1998 2:26:00 PM
From: Lee  Read Replies (1) | Respond to of 58727
 
Ratan,..Re:<<So waht happened yesterday to have SP stop tracking interest rates. >>

I don't have any idea but if you consider that the banks and tech led the S&P to new highs this Spring, and then spreads between overnight and fed funds decreased to 0.5% and tech came out with mostly bad earnings, then unless a new leadership emerges pronto, maybe it's just re-group and wait?

Just a thought, obviously I don't know the answer.

Lee