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To: Cynic 2005 who wrote (41061)5/14/1999 1:35:00 PM
From: Joan Osland Graffius  Read Replies (1) | Respond to of 86076
 
Mohan,

This has been a slow grinding down day. I have been looking at the day charts and the indexes try and recover just to go lower. It will be interesting to see what happens when the bond market closes.

Joan



To: Cynic 2005 who wrote (41061)5/14/1999 1:57:00 PM
From: John Pitera  Read Replies (2) | Respond to of 86076
 
Mohan, it will be interesting to see if we can do a July 1998 reversal.

the Fed and Yardeni Model's will move to greater overvaluation on
the rate rise...even the non-dairy creamer says that we have some risk
here