Zeev's Turnips - No Politics Message Board

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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: Steve Lee who wrote (9084)	11/29/2001 8:13:08 AM
From: Justa Werkenstiff	Read Replies (1) of 99280

The underlying assumption in buying junk at this time is that the economy will have a full blown recovery and that there will not be anymore Enrons. But if that bet is wrong, and this recession is prolonged or deeper than most think, then junk would not be a place to hide. Bankruptcy fear will take care of any upside. Vanguard seems to High Yield seems to the highest quality junk for those interested.

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