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To: The Jedi who wrote (6050)10/9/1998 3:07:00 PM
From: GROUND ZERO™  Respond to of 44573
 
Kiri,

Thanks for your analysis. I'm long SP's and short bonds now for two days. I suspect these immediate trends will continue. I think bond holders will continue to sell bonds and get back into equities when they realize that the equities are moving higher. That should also fuel these moves as well. I agree that short covering will fuel the equities rally, in fact, I think today we're seeing short covering in disbelief that the rally is so firm.

GZ