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 : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?

To: Ms. X who wrote (15312)	3/9/1999 3:36:00 PM
From: Jay Scott	Respond to of 34824

Thanks to all.....IMHO it is the bank stocks that are giving us the head fake right now, not interest rates or commodities prices. In the short run, bonds probably rally a bit, giving the banks a reason to climb further. If the Fed holds short rates steady, then it makes sense that banks will capture more of the yield curve. Doesn't sound like a winning long term strategy because eventually the Fed will have to tighten on the short end. Similar argument would hold for insurance stocks, but pending acquisitions might make them more attractive over the long run..... Thanks and regards, JS