heinz, with " death by erosion ", I meant that this is a Big Bull.
It will be like in a bullfight.
Matador "El Greeniero " will be inflicting
many small wounds with his banderillas ( small rate hikes )
on Da Big Bull, in this fashion
andalucia.com
so that in the end, after multiple small wounds
El Greeniero will be able to proceed with
his red muleta (smaller cape) and curved sword
and...take the Big Bull
andalucia.com
He knows ( we hope ), that if he does not use the tried and
true Matadores methods, and goes for a
soft landing the following hard landingnito
(well described in the bullfighting literature ) is likely
to happen
geocities.com
And we all know that Andreita Mithcellita
would never allow that.
All these events are described thoughly
in the classic economics textbook
andalucia.com
authored by El Greenierito's Grandpa,
the famous
El Cordobe's
andalucia.com
TA
Message #54844 from heinz blasnik at Jun 21, 2000 2:44 PM ET
TA, rarely do things happen slowly in this market...i see the semi book-to-bill came in at a healthy, though less than expected 1,30 (expectation was for 1,35-1,40). perhaps the cycle has reached its zenith already...if so, the market will re-rate this overvalued sector quickly.
my guess is that the current low volatility period will give way to another high volatility period soon. for now the end-of-quarter paint job still rules imo...
regards,
hb
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