Steve's Channelling Thread Message Board

STOCKTALK

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.

Strategies & Market Trends : Steve's Channelling Thread

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jdaasoc who wrote (29267)	10/2/2001 12:10:11 PM
From: pompsander	Read Replies (1) of 30051

John: Rebalancing flows might be having some impact in here, at least as far as building base. I sat in a pension management meeting on Monday. In order to rebalance to our guidelines for the Trust (60% stock, 35% bond, 5% real estate) we moved over one billion dollars from bond to stock managers. Lots of this going on....a purely fundamental process, unrelated to immediate outlook for an investment class. I think these flows will have impact over time, along with Fed pump priming and legislative economic stimulus. Besides (even if we were to look at the practical side of the equation, the liklihood of our former bond allocation returning much of anything over the next few months is pretty darn low. 2-3% (maybe) is not very exciting on the fixed side.) I see the basing action of the past few days as a coming together of all these elements in the economy and the financial system. I think there is more upside potential than down at this point. If the Taliban implode (and we handle that event properly) we could see some very nice reaction.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next