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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: russwinter who wrote (3066)12/9/2003 5:56:29 PM
From: mishedlo  Read Replies (1) of 110194
 
My guess is they delay anything like a mass sale of treasuries until closer to the election.

I doubt that China cares for Bush much, and we know Germany and France can not stand him.

A very nice coordinated sell treasuries in August would seal the package on this idiot getting re-elected.

I am serious and you know I am. I would be a buyer of treasuries at this point if forced to choose between buying and selling, for at least 3-4 months at these prices.

Junk bonds are the key.
Rotation out of junk into cooporates and treasuries
out of cooporates into treasuries
and then when there is nowhere to hide, mass selling of everything.

This will take time to play out.
M

M
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