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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 (5715)1/21/2004 5:50:34 PM
From: mishedlo  Read Replies (1) of 110194
 
Prices are headed south IMO.
Or if you prefer (prices go up and no one buys)
You make the call but since we have no jobs, the demand for JUNK will drop BIGTIME if prices rise.

This is the part of Russ's trainwreck theory that I believe in. Either way, they are F'd and profits do NOT go up from here..... That means less jobs and less demand, which of course means that the next hike (if it comes) is the last one.

Slowly but surely our ideas will merge into the correct analysis.

M
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