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Strategies & Market Trends : Steve's Channelling Thread
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To: Zeev Hed who wrote (6153)10/11/2000 4:05:15 PM
From: Jdaasoc  Read Replies (1) of 30051
 
Zeev:
Any ideas on how low do we go before FED issues at least change in bias to reassure market. I think this MSDW hi-yield debt scare will turn out like LT Capital Management or other boggie men that have tranisently rattled the market. Always, someone in the investment community comes to the rescue with big wad of cash from obscene profits obtained over the years form their other profitable endeavors at our expense.

JMHO

Currently all long with anothr 3-5% comfort level built-in.

john
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