Re: [RT] Scent of the bear

[Clyde Lee <clydelee@xxxxxxxxxx>]

Just thought we might take a look at the 
TREND
that exists on this chart.  Even with 
the TREND
that I've drawn we are at a very bearish 
point.
 
It seems to me that this picture is much 
more
compelling than the one without the trend 
where
we have been in extreme danger for almost 2 
years.
 
Now we are just getting into the extreme 
danger
zone with the trend.
 
Clyde
 
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - -Clyde 
Lee   
Chairman/CEO          (Home of 
SwingMachine)SYTECH Corporation      
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<BLOCKQUOTE 
style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
  ----- Original Message ----- 
  <DIV 
  style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From: 
  Earl Adamy 
  
  To: <A title=realtraders@xxxxxxxxxxx 
  href="mailto:realtraders@xxxxxxxxxxx";>realtraders@xxxxxxxxxxx 
  Sent: Monday, November 13, 2000 
  07:13
  Subject: Re: [RT] Scent of the bear
  Chart attached. Note that trailing earnings used in ratio are 
  notreflecting the anticipated weakness and the TBill rate has barely 
  budgedfrom highs so the modest decline is reflecting the modest decline 
  inprice. Falling earnings will tend to push the ratio higher lacking 
  amajor move down in price or a major decline in TBill 
  rates.Earl----- Original Message -----From: "Kent Rollins" 
  <kentr@xxxxxxxxxxxxxx>To: 
  <<A 
  href="mailto:realtraders@xxxxxxxxxxx";>realtraders@xxxxxxxxxxx>Sent: 
  Monday, November 13, 2000 12:54 AMSubject: Re: [RT] Scent of the 
  bear> Earl>> Would you mind reprising your 
  super-long-term chart of interest ratesvs S&P> dividends?  
  Bet that sucker looks really extreme 'bout 
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