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To: Lee who wrote (122645)5/6/1999 9:16:00 AM
From: GRANOLA  Respond to of 176387
 
lee - they are just over-reacting (as usual) to the possibility of greenspan HINTING to a fed bias change toward tightening...splitting hairs ... bond traders are easily spooked...the statistics on the econ don't lie...inflation is practically nil...



To: Lee who wrote (122645)5/6/1999 9:19:00 AM
From: Venkie  Read Replies (1) | Respond to of 176387
 
I am a firm believer in that spooked bond traders can throw poopie diapers everywhere..I radar the Tyx at all time and its a most powerful mover of the markets....It does not look good at the moment but like yesterday...that could settle down..Was it because of the jobless claims this am..futures were fine when I left for work



To: Lee who wrote (122645)5/6/1999 9:23:00 AM
From: Mohan Marette  Read Replies (2) | Respond to of 176387
 
<--OT-->Lee don't know may be the retails sales figures coupled with
the uncertainty about the whole thing,you know the speech and everything. But the jobless claims number came in a bit higher than expected. I guess just the general confusion as to what to make of it all.<g>


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