Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Joan Osland Graffius who wrote (253438)	7/31/2003 8:47:15 PM
From: Secret_Agent_Man	Read Replies (2) of 436258

Looks like treasuries ala spreads are telling us the REAL story and the mortgage holders are in deep poo-poo....noted the high volume reversal today massive equity distriubution, no one even believe's the numbers anymore cause they have been massaged to perfection, the perfect LIE or so they think.... again this will end very badly and soon me thinks... contrary to what the stock mkt does or does not do the fed simply can't handle/manage the bond mkt, it's just too big and the widening spreads tell the real story, the other shoe to drop will be the dollar and soon. alas we all know this and are waiting with baited breath...sigh

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