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Strategies & Market Trends : The Millennium Crash

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To: Amelia Carhartt who wrote (4263)	6/18/1999 4:20:00 PM
From: Haim R. Branisteanu	Read Replies (1) of 5676

AG speech just gave backing for the mania to continue. It is interesting to note the strong divergences between the bond market and the stock market. If I recollect correctly 5.75% was a critical point then 6% now it does not matter. It is very reminiscent of 1987, in all aspects, but then valuation were about 1/2 of todays but interest rates were not double <G> Haim

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