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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: MythMan who wrote (251610)7/23/2003 10:01:19 AM
From: Earlie  Read Replies (2) of 436258
 
Myth:

Let this continue for another month or two and this market will be over. As we have all discussed, it is this mad "refi" game that provides the single barricade preventing the bus from toppling over the cliff. If Greenprint can't find some way to shore up the wounded bond market and turn those long rates back down, it will be over in any event.

I am more than comfortable being well loaded with short positions.

Best, Earlie
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