SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: ild who wrote (3821)12/24/2003 8:37:39 AM
From: russwinter  Read Replies (2) of 110194
 
<Any idea why the market is so resilient.>

Ever read George Orwell?

The market is thin right now, and folks like Biderman might say the insider selling and underwriting supply machine is taking it off until about mid-January. I would except all the bond and stock markets to be deluged with supply at that point. On the demand side all it will take is for something not to go perfectly for that to abate. The next 7% correction should feed on itself.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext