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To: yard_man who wrote (22542)3/1/1999 2:54:00 PM
From: Cynic 2005  Read Replies (3) | Respond to of 86076
 
Ready for 'screw all the bears' rally in the last one hour? Bonds are dumped big time. Hey, no probs - look at 1987, they had a knee-jerk reaction for bond market action. In the end, 10 years later, 1987 was a great buying oppty. Bulls won't let that oppty surface or pass if it surfaces.



To: yard_man who wrote (22542)3/1/1999 3:00:00 PM
From: MythMan  Read Replies (2) | Respond to of 86076
 
let's see, if the market takes rates down, it's telling the Fed to lower which they do. If market takes rates higher, its telling the Fed to piss off and Fed does nothing.. I get it -s-

buyers stepping up to the plate now as meaningless bond market closes.