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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?


To: doug-e-mini who wrote (20008)4/1/1999 6:27:00 PM
From: GROUND ZERO™  Read Replies (2) | Respond to of 44573
 
Thanks for the heads up on the schedule... I hope I wouldn't need to trade on the Globex, that market is so damn thin..... you're right about the bonds, I remember now... duh.....<g>

By the way, on bonds, I seriously doubt that the Feds will raise rates any time in the forseable future. If you review the minutes of the Federal Open Market Committee (FMOC) you'll find that they quietly argue among themselves about how unreliable their inflation indicators really are and that they're fearful of raising rates prematurely and putting the markets and the broader economy into a tailspin as a result... that's the last thing they want to do... I think they would rather be late in raising rates against inflation than to raise rates without convincing evidence and appear foolish and frivolous, not to mention putting an untimely and unnecessary end to any hope for further business expansion..... this is why I don't see bonds moving much lower.....BWDIK yeah, famous last words.....<g>

GZ