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Pastimes : All Clowns Must Be Destroyed
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To: pater tenebrarum who wrote (41271)6/22/2000 12:14:00 AM
From: LLCF  Read Replies (1) of 42523
 
<that said, i see that credit spreads are expanding again, in spite of the clubbing the treasuries took today. that's rather remarkable...>

Look pal... credit spreads are going to widen even more... you know why??? Because equity returns are going to be SO good that no one wants bonds... nor should they, who cares about 10% in corporates when you can make thrice that in stocks hands down! PILE IN!!!!!!!!!!!!!!!!!!!!!

<VBG>

DAK
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