Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Gersh Avery who wrote (31429)	10/13/1998 11:01:00 AM
From: bearshark	Read Replies (1) \| Respond to of 94695

Gersh: The rally in treasuries continues to weaken in the longer maturities. This is going to be a nail-biter until a decision is made. It could go either way. I have to leave the screen so I will probably end up as a bystander.

To: Gersh Avery who wrote (31429)	10/13/1998 12:01:00 PM
From: James F. Hopkins	Read Replies (2) \| Respond to of 94695

Gersh; When you don't see the money move it's gone to money heaven, stock prices don't represent money, just what the Specialist and Market makers "think" people will pay for them. They are not always right about that either. With out buyers stocks fall of their own weight, and the supposed money they represented just vanishes into thin air. The last rally was on low volume, lower interest rates seem to have stimulated call buying..but call buying won't help the market. If we don't go down by Friday it just sets up a bigger fall in the next week or so. There seems to be a shortage of real buyers, with funds jumping from one issue to the next trying to get position without putting additional money in pot. Jim