|
PureBytes Links
Trading Reference Links
|
Yield curve was just as steep end of 1992. 3%funds vs 7.5% bond
yield. Gold was hanging around $330 and the Dow at 3200. By the end
of 1993, bonds rallied 20 pts to yield 5.9%, gold popped up to $400
and the Dow rallied over 20% to 4000.
--- In realtraders@xxxx, "M. Simms" <prosys@xxxx> wrote:
> Gold stocks, as represented by the XAU Gold and Silver index, have
> gained just over 10.0% over the last four trading days, and the
yield
> curve (30 year over 2 year) has steepened by 8.7 basis points over
the
> last 2 days.
>
> Can he equity market continue to fight these negative counter-
forces ?
> It's been amazingly bouyant....climbing those "walls of worry".
>
> If that yield curve steepens any more.....it may fall over backward
(along
> with the economy) !
------------------------ Yahoo! Groups Sponsor ---------------------~-->
Save Time & Money
Outsource Your Web Design & Development with Elance
Post Your Project for FREE
http://us.click.yahoo.com/iXNj8C/P.zDAA/cosFAA/zMEolB/TM
---------------------------------------------------------------------~->
To unsubscribe from this group, send an email to:
realtraders-unsubscribe@xxxxxxxxxxxxxxx
Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
|