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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?

To: Jorj X Mckie who wrote (6805)	9/6/1998 8:43:00 AM
From: edward miller	Read Replies (1) \| Respond to of 34810

Tom, you missed the key. The US dollar uptrend has broken. That means that foreign money is now moving out of the US, so I expect interest rates to start up again, even as the stock market is dropping. I plan to call around Tuesday to check out refi myself.

To: Jorj X Mckie who wrote (6805)	9/6/1998 7:45:00 PM
From: Dennis J.	Read Replies (1) \| Respond to of 34810

Interest rates still going lower? Dr. Ed Yardeni, Chief Economist at Deutsche Bank is forecasting a long bond rate of 5.0% by year-end 1998, 4% by YE 1999, and 3% by YE 2000 FWIW, I plan to keep my variable mortgage for the indefinite future. Dennis

To: Jorj X Mckie who wrote (6805)	9/8/1998 11:45:00 AM
From: Hardline	Respond to of 34810

<OTOTOT - Anyone familiar with how all of this market stuff affects interests rates on home loans? I can currently lock in on a rate of 6 7/8, however I don't want to lock in if it can still go lower. Will further market weakness cause the interest rates to go down, or is it more tied to bonds or the Fed? Please enlighten me.> The best indicator I have found to predict interest rates is the CRB futures. Interest rates seem to lag them by 3 to 6 months. The CRB futures have crash recently which would mean interest rates are soon to follow. Hardline