Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 34.32

-1.2%

3:59 PM EST

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To: John O'Neill who wrote (90346)	10/15/1999 3:14:00 AM
From: Barry Grossman	Read Replies (3) of 186894

John, With the bond at 6.3% and inflation running around 2.1%, real rates are currently around 4.2%. The historical average for real rates is around 2.5%. With rates get this high, bonds are close to being quite oversold and real rates will trend back toward the mean. I suspect they've probably peaked or are just about to peak. Bonds are probably going to get much dearer soon. Stocks too. Just you watch and see. You heard it here first. I smell a broad market rally coming soon. I believe your toochas is afin tisch. (a little Yiddish expression). <g> Barry

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