SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Ask Michael Burke

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: ild who wrote (88587)1/17/2001 10:56:44 AM
From: Knighty Tin  Read Replies (1) of 132070
 
ild, Typically, you want to buy them when you think rates are high and about to decline. IMHO, now is not the best of times. I still own some because the interest is so high for the quality, but I liked Roy- and RGL- a lot better when they were selling at $21-23. I have no fear of long term loss, but I don't want to be caught having to sell them at the wrong time. So, I only have an amount that is kind of a core collateral position. Sort of like folks who buy 10 year notes at any price and hold them for 10 years. But I will buy more if we see a weaker dollar/higher long term rates.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext