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Pastimes : The Naked Truth - Big Kahuna a Myth
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To: clochard who wrote (83119)1/11/2000 12:01:00 PM
From: Rarebird  Read Replies (1) of 86076
 
<Notice how stock prices seem to move on queue opposite to bond prices. They are on tenderhooks, waiting for the hour of execution...>

Am I hearing that old-fashioned Bearish religion again? I've been hearing it for years.<VBG> All of it makes good fundamental sense. No argument there. I've heard it at Nasdaq 1200 and Dow 5000. The issue that the bears cannot address or touch is the massive liquidity that still comes into this market regardless of insane fundamentals. The fundamentals are so out of wack, so far gone, that many investors and traders don't take them into consideration any more. Why should they?
Because eventually the piper will be paid. We all pay the piper eventually and die. The key is when.


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