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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: James F. Hopkins who wrote (6261)2/13/1999 10:35:00 AM
From: NickSE  Read Replies (2) | Respond to of 99985
 
James,

FWIW, utilites also broke long term support. Combine this with a break in the long bond and you have a case for higher rates. BWDIK

But when he drained liquid two days in a row, it wasn't
long before you saw the market start down, and it took
5 days to undo taht, but then all it did was give a bounce
the 30yr bond just broke support, but damm it de-coupled from
the dollar too..now I have never seen that in all my watching,
the interest rate going up and the dollar falling, I don't
know what it means but I don't like the smell of it.


Regards,
Nick



To: James F. Hopkins who wrote (6261)2/13/1999 10:10:00 PM
From: J. P.  Read Replies (1) | Respond to of 99985
 
Very interesting RE: Fed Reserves

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