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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: ivan solotaroff who wrote (29213)	5/6/1999 3:57:00 PM
From: Michael Watkins	Read Replies (1) \| Respond to of 79146

A lurker emerges... Normally I stick to TA when trying to understand the indices. But I'd welcome thoughts on this line of thought: - Bond yield up - Bank index down - Employment stats to come out tomorrow will be much stronger than last report = increased perceptions of inflation and interest rate hikes, resulting in big pressure on stocks tomorrow. Rounding out this scenario is big money desire to pump up the day artificially at the end (relatively low cost I bet) in order to avoid the doom and gloom on the telly tonight. Too conspirational? Any thoughts on whether the yield and employment numbers is already priced into the market? I cast my vote with my dollars and have been flat each day this week.