>>>''It does not appear there is any safe place to be except maybe bonds, gold and cash,'' Hugh Johnson, chief investment officer at First Albany Corp., said.<<<<
When bonds take a short term poo poo because the Asians are withdrawing due to the dollar deval, then there will be two.
>>>Although some said they felt jittery, most downplayed their fears. One investor, 25-year-old computer technician Andrew Johnson, said he was not worried in the least.
''You have billions of dollars pouring into mutual funds every day,'' he said. ''This is a long way off from being a problem.''<<<
When this guy is in tears, then we have hit bottom.
bwdik, bb |