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To: stock bull who wrote (128114)5/24/1999 12:21:00 PM
From: GRANOLA  Read Replies (1) | Respond to of 176387
 
stock bull, what he is saying, correctly, is that the i rates are creeping DOWN now, so the mkt should turn around soon and head higher...



To: stock bull who wrote (128114)5/24/1999 12:21:00 PM
From: Rich Young  Read Replies (1) | Respond to of 176387
 
No, I meant that after April expiry rates were still on the upswing. I believe that the general perception now is that they've topped and are headed back down. Bond babe was calling for 5.5 again this morning on CNBS.

Rich



To: stock bull who wrote (128114)5/24/1999 12:21:00 PM
From: BGR  Read Replies (1) | Respond to of 176387
 
sb,

Rates are going lower ... probably 10 more basis point to go.

-BGR.



To: stock bull who wrote (128114)5/24/1999 12:22:00 PM
From: Tom Markowski  Read Replies (4) | Respond to of 176387
 
S&P trading over 30PE. Never this high. Not even in 1929. The CRB index is tanking big time. This market is due for a serious pullback.

Stay liquid.

TM


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