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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: Jim Willie CB who wrote (724)9/12/2003 1:56:43 PM
From: russwinter  Read Replies (1) of 110194
 
This is precisely my view. The market does look exhausted and my shorts are starting to work, but the Fed keeps coming at it with more repos and a set of permanent injections. Of course they're out in force trying to talk bond yields down to try to get a few more people deeper in the hole with a little refi uptick in time for XMAS. Just don't see it working.
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