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Strategies & Market Trends : Sharck Soup

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To: velociraptor_ who wrote (22625)5/13/2001 10:36:44 PM
From: Bid Buster   of 37746
 
LOL, velo, some people can't see the trees from the forest.
btw, i spent some time today looking over corp. bonds..pretty unnerving to see just how many are at or near junk ratings..with dr. strangelove dropping the interest rate bomb on tue it will further hurt corp borrowing costs..as you are correct, greenspan can control short term rates but the market dictates long term rates..i saw this coming over a year ago..95% of the people i talked to didn't have a clue..most still don't..but one thing i'm certain of,we ARE in a secular bear market..not counting the past months counter trend rally of course <G>
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