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To: Lucretius who wrote (23373)	3/4/1999 10:33:00 PM
From: Robert	Read Replies (1) \| Respond to of 86076

6.25%!!! Wow! I guess you expect incredibly strong employment data tomorrow, huh? In any case, I am not sure I see bonds falling THAT far but I hope you are right <g>. Would be great for my puts. -- Robert

To: Lucretius who wrote (23373)	3/4/1999 11:01:00 PM
From: John Pitera	Read Replies (1) \| Respond to of 86076

I think this pinhead bond market would like any excuse to rally-ng- unless there is a 300 foot bond-seller yelling ho ho ho dipsters will buy anything thats been down. Dipsters in bond market have the Doors LA women CD ...they have a song on auto replay...song is "Been down so long that it looks like up to me" This autohypnosis has emboldened bond players to buy bond unless WJC can brew up WWIII in next 12 hours.. (of course I would not categorically put it past WJC to find a way to screw us in even that manner) -ng-

To: Lucretius who wrote (23373)	3/4/1999 11:41:00 PM
From: Copeland	Read Replies (1) \| Respond to of 86076

For the bond to go to 6.25%, we would need the jobs figure to be 500,000 and a leak of the Fed minutes from the last meeting that blatantly state a tightening bias. In other words, no way. The jobs data can be 300,000 and this market will continue to rally tomorrow. The market doesn't care. Another up day and a good Monday and those funds will start pouring their billions in reserves into the market to make sure they get in on the action before its too late.