Re: Will bonds bounce or go through? (re-send)

["R.E.Turner" <r_e_turner@xxxxxxxxxxx>]

t-bond,

       My humble prognostication is that t-bonds will bounce.  Consumers
want cheaper rates and if they got 'em they're keeping  'em.   In terms of
long term homes loans , consumers will take slightly higher rates to get the
home( biggest purchase) they want ,  emboldened by higher wages  and feelin'
giddy with more money in the pocket ( savings rates very low).    This bodes
competition in rates.
      The terrible twos ( Sept and Oct ) are over for 'dis  year and frankly
I'm feelin' more speculative already.  Normally wouldn't comment on bonds
something out of my chosen field of stocks but watching them got me a
terribly low rate upon refinancing a year ago.
       Furthermore , the markets want to discount  the FOMC even before it
acts, because whatever they do is only a one day reaction anyway.

Great Tradin'
Russ Turner, Chicago
privatetrader.com