This article is brought to you by:
CONSENSUS

THE WINDY CITY TRADER
P.O. BOX 1673, Chicago, Illinois
800-443-2360

(March 5, 2002) FINANCIAL INSTRUMENTS: If we accept that stocks have bottomed it is then safe to assume that we not only will see no more rate cuts but it is highly likely that rates will begin to move higher by late spring. This will cause weaker bonds, ten year notes, and eurodollars so we will take a posture to sell into rallies there. June bonds may quickly move down to 100.00 and ten years look to fall to 102.00 short term and possibly 9600 by summer. Eurodollars advanced from 9375 to 9800 during 2001 and look to see at least 9675 short term and possibly 9550 by late summer.


 
William Frejlich

Back To Financial Markets Index

Hosted by:
CONSENSUS, INC. AND INVESTORS CO-OP
P.O. Box 520526
Independence, MO 64052-0526
816-373-3700
Fax: 816-373-3701
editor@consensus-inc.com