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Strategies & Market Trends : A.I.M Users Group Bulletin Board

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To: Bruce A. Bowman who wrote (5401)8/22/1998 9:26:00 AM
From: OldAIMGuy  Read Replies (2) of 18928
 
Hi Bruce, I'm sure you remember what the market was like in 1990 when Saddam invaded Kuwait. Not only did stocks get beaten, so did bonds. There's only been one really good time to load up on long term bonds since (about the end of '94 to early '95). We don't have prices that low yet, but if the noise gets louder over the embassy bombings and Clinton's retaliation, expect to be able to buy both bonds and stocks cheaply.

The IW has let down its risk reading nicely in the last few weeks and that had nothing to do with foreign affairs (maybe more to do with presidential personal affairs, so to speak). So far the markets haven't made that bit a notice of events.

Was Friday an options expiration day? Sort of looked like it from the action.

Best regards, Tom
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