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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: Susan Saline who wrote (14357)5/14/1999 12:09:00 PM
From: Thomas Sterner  Read Replies (1) | Respond to of 43080
 
<<which way? ... if it goes higher ... the bond ... then stocks go lower? >>

If the 30-year bond hits 6%, it'll kick in sell programs. I don't have access to real time bond quotes but I'm sure the good folks on CNBC will keep us posted.



To: Susan Saline who wrote (14357)5/14/1999 12:09:00 PM
From: John J H Kim  Respond to of 43080
 
If the bonds go lower, then the yield goes higher.

Symbol for the 30 yr trasury varies depends on the service
on the yhoo quote it is:^TYX
on Marketwatch it is $TYX



To: Susan Saline who wrote (14357)5/14/1999 12:29:00 PM
From: AlienTech  Read Replies (1) | Respond to of 43080
 
>>which way? ... if it goes higher ... the bond ... then stocks go lower? <<

$TYX, If it hits 6 we will have huge sell programs hit. So be cautious being long. Right now at 5.923 + 1.85

PTEK is showing strength, so are some of the others I am watching. I shorted PTEK just for a few mins to get my money back from the long side. Should be a buy, WEBMD got pulled but they will get refiled with more info since now it seems MSFT is really intrested in them. Also Dupont and a few others.