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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Lucretius who wrote (67322)2/13/2001 3:45:09 PM
From: pater tenebrarum  Read Replies (1) of 436258
 
that's one of many bull hooks...as is the new highs list, which no-one really takes the time to look at closely. oil royalty trusts, REITS, bond funds...that's what's populating the NYSE new highs.

i also just heard that the 'inflation risk is zero'...maybe, but only if you define inflation along BLS lines...i'd say expanding the money supply at a 20% annual rate is PLENTY of inflation, and under Greenboink the risk of even more inflation is extremely high...
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