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Strategies & Market Trends : Waiting for the big Kahuna
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To: GROUND ZERO™ who wrote (89887)8/22/2009 6:24:48 PM
From: Real Man1 Recommendation  Read Replies (1) of 94695
 
If the Fed can convince the banks to keep the bond levitated,
the bull should be fine. But if the bonds get spooked by printin'
and deficits, then run for the hills, coz this economy can't handle
higher rates. We'll see anyhow. There is too much profit for banks
to give up riding the yield curve, but they say there are bond vigilantes
out there, they may not all be dead. In other words, if TNX moves
above 4%, then I will not be a bull. -g-
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