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Pastimes : The Naked Truth - Big Kahuna a Myth
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To: NickSE who wrote (47065)6/14/1999 11:10:00 PM
From: Lucretius  Read Replies (3) of 86076
 
that guy flip flops so much that he makes these daytraders look like BRKA l-t holders.

"In our opinion, the sharp move in bond yields slightly above the 6% level during the last two weeks is making a final peak in yields that will prove to have been a treemendous buying opportunity. "

I haven't heard a single mkt kiddie call for 7% or higher. All i've recently heard is that... "we're close to the bottom" (Creamer said that back below 6% if you recall) I don't see any kind of bottom in rates till stocks are destroyed.

I still stand by my 7 to 7.5% that I laid out back in Jan.... (never imagined it would take 5 months to get here... -s-)

stocks of course will love higher int rates and should soar to new highs
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