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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: HairBall who wrote (13515)	5/11/1999 9:20:00 AM
From: pater tenebrarum	Read Replies (2) \| Respond to of 99985

LG, i agree with the short term bullish stance - the internet issues got another shot in the arm with M. Meeker's upgrade of AOL and the bond will have continued short covering. there's lots of put open interest clustered at the june bonds may 118 and 116 strikes, that will support the bond contract for a while. as you say, we need some follow-through to confirm all this. regards, hb