Steve's Channelling Thread Message Board

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Strategies & Market Trends : Steve's Channelling Thread

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To: Bosco who wrote (7135)	11/3/2000 9:39:54 AM
From: Logain Ablar	Read Replies (1) of 30051

Bosco: I'm just sitting back today regarding the market. No trading except I'll be looking @ BVSN's close. On the MM I just think there will be a lot of problems with credit quality next year so corporate rates will be going up with the corresponding drop in market value. Right now we have quite a few signs of a recession on the horizon (invertd yield curve, PPM below 50 3 straight months) although the weakening of the $$ will bode well for manufacturers. Remember lat time the $$ was strong and it broke (86) it was a year or so b/4 the market turned (aug 87). Good luck today. Tim

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