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Pastimes : Bubble of 2000 - How will you call the bottom?
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To: joseph krinsky who wrote (1)9/9/2001 8:47:32 PM
From: rolatzi  Read Replies (1) of 8
 
I just listened to Don Coxe's weekly commentary and he suggested the following for a bottom scenario.
Fear will drive money into US Treasury Bonds while the stock market will have one or more days where
the down to up ratio will be 9:1. The 10 year Bond yield will drop to 4 1/2% as money is driven to the
safety of US Treasuries. This will allow Americans to refinance their homes at levels where they will have increased liquidity. This will mark the bottom in the current bear market.

Rolatzi
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