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To: robert duke who wrote (20064)6/4/1999 3:07:00 AM
From: Craig A  Read Replies (1) | Respond to of 41369
 
From Briefing .com this AM:
'Briefing.com wouldn't be surprised to see yields pierce 6.0% on back of robust jobs report, but maintain that market is overreacting to inflation fears... That said, if rates rally through 6.0% wouldn't expect many buyers to emerge ahead of the weekend... Could result in a thinly traded, one-way market with sellers in control... Would use any such weakness to do some late-day buying, as short-term technical tools suggest tech sector poised for near-term recovery... Nothing huge, mind you, but solid returns nonetheless... As we suggested on this page yesterday, traders should look to (re)enter long-side of those stocks exhibiting decent relative strength over past couple months as these are the stocks best positioned to outperform in the upcoming earnings-related rally.'