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Technology Stocks : INTEL TRADER -- Ignore unavailable to you. Want to Upgrade?


To: MonsieurGonzo who wrote (5355)2/1/1999 4:16:00 PM
From: Gersh Avery  Read Replies (1) | Respond to of 11051
 
Steve

I keep hearing the TV say that interest rate sensitive stocks are falling.

I remember rumors that ML was in a "lets scratch each others back" with the fed.

ML sayz market about to tank.

At least three times during the last couple of weeks someone large has sold off the spoo between 4:00 and 4:30. Just looked .. getting hit again today.

Carry trade reversed hard today .. perhaps that's just someone like LTCM unwinding .. maybe.

Many of these items would be symptoms of an interest rate hike.

It just feels very nasty.

Gersh



To: MonsieurGonzo who wrote (5355)2/2/1999 7:38:00 AM
From: smolejv@gmx.net  Respond to of 11051
 
>>perhaps it went into Bund- or Euro-Bondz ?<<

Cant be Steve. There was something else happening yesterday or over the weekend. Just cant read this Rorshach test image. The Euro went down by (what?...) 3 or 4 percent vs US$. I feel again as some butterfly catcher in a From-the-far-side cartoon, you know, his eye glued to the looking-glass and on the other side of the looking glass you see some Dyno or Godzilla watching coldy the little unsuspecting ... prey.

Regz

dj