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Strategies & Market Trends : P&S and STO Death Blow's
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To: doc who wrote (11859)10/22/2002 1:33:41 PM
From: jtech  Read Replies (4) of 30712
 
Why is this board so silent? Are the bears afraid to come out of their den?
Just because we get a rally everyone wants to hide.
?What is a share of this market worth?
In actual terms pennies on the dollar.Most have bondholders claiming the equity far superior to any stocks outstanding.
Many will go bankrupt and emerge again debt free and the only obligations will be the q on the end of their symbol.
Let fannie & mac buy their bonds and were headed to new lows in stocks and bond yields.
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