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Strategies & Market Trends : Classic TA Workplace
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To: AllansAlias who wrote (18629)10/31/2001 11:07:20 AM
From: Perspective  Read Replies (2) of 209892
 
And if *that* isn't the all-time go-out-and-borrow-long signal, I don't know what is. Forget the 15 year mortgage, go for the 30 year. Rates must be about to bottom out if the government is going to borrow short term again.

Of course, the deflationary spiral I expect says there will be even better opportunities to lock in for 30 years in the near future. You can rest assured the government won't be one of the parties locking in; they are 100% guaranteed to do the wrong thing.

BC
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