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Strategies & Market Trends : Classic TA Workplace
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To: UnBelievable who wrote (67642)2/28/2003 9:41:21 PM
From: High Country Trader  Read Replies (1) of 209892
 
.....>>>>Bonds say deflation and depression, but only if the world doesn't end first......<<<< Yet junk bonds are saying no deflation and depression. Over the past several months they have had one of their greatest ever short term positive divergences with equities. Either there are lots of misguided and uninformed junk investors out there or stocks will soon maul the bears as signs of economic recovery become more clear (as junk would indicate) Place your bets. Since I just trade price movement, I prefer to stick with what's working in the here and now and that has been junk.
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