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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 660.19

-0.8%

Nov 18 4:00 PM EST

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To: Haim R. Branisteanu who wrote (21944)	8/3/1999 9:00:00 PM
From: bobby beara	Read Replies (2) of 99985

Haim, as Rex from Stockcharts.com pointed out recently, that in 1987 bonds didn't bottom until stocks crashed. History doesn't repeat itself exactly, but rhymes. If you have thought a little more about my bubble top in bonds charts, you might take another spin. Kennedy Gammage who is a great timer and very good big picture guy has been saying that at some point undervalued hard assets will come to the fore at the expense of paper assets, bonds are paper assets. bb

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