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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 670.97

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Nov 7 4:00 PM EST

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To: marginmike who wrote (68639)	2/6/2001 11:29:08 AM
From: seminole	Read Replies (1) of 99985

When you discount the stream of cash (earnings) coming from a NAZ company you use a required rate of return. As rates go up, the value of the future cash payments decreases. The value of the company decreases. By the way, I want to borrow it. This is a wonderful time to refinance, IMO.

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