Win Lose or Draw : Be A Steve, Make A Call Message Board

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Strategies & Market Trends : Win Lose or Draw : Be A Steve, Make A Call

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To: Softechie who wrote (11138)	5/6/2003 2:25:44 PM
From: t2	Read Replies (1) of 11447

Stocks are the only game in town! Bonds are dead...nice try Greenspan.<g> Money market and bonds have much higher currency risk. Bond bubble is going to burst..no matter how much Greenspan worries about deflation. No one is going to believe him and that means money in treasuries is going to be scrambling to find alternative investment ideas. International investors will see US bonds as far riskier than US stocks (US stocks getting cheaper for them in local currencies) ...overall stocks are going to get a significant part of the bond outflows and the high short interest is going help a lot for an explosive move. Upwards we go for the coming weeks at the very least.

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