Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Maurice Winn who wrote (24818)	10/31/2002 8:41:28 PM
From: TobagoJack	of 74559

Hi Maurice, <<I wonder what the heck is behind it all ...>> A wager on NLY is a bet on its managers. <<... and supporting it - keeping it aloft>> is Greensputin's yield curve, and nothing more. <<I wonder what will happen when push comes to shove>> But according to you push will never come to shove, as inflation will not cause Greenspudnik to raise short rate. <<I guess I'm too stupid to understand sophisticated financial instruments like that>> Then try this ... Message 18181503 Chugs, Jay

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