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Strategies & Market Trends : Waiting for the big Kahuna

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To: HairBall who wrote (25054)8/24/1998 4:48:00 PM
From: James F. Hopkins  Read Replies (2) of 94695
 
Hi LG; Well getting were I can see the crapola don't do me any good,
nothing runs far enough long enough for me to over come the spread
and commissions, these waves are for the benefit of the S/MMs
and the commissions the brokers make.
They want the little guy to be a perma bull, or perma bear, but
not in between. I guess to play this thing and have a half way
fair chance you have to hook up with the SOES bandits.
------------------
I don't claim much insight into the bond market, but no one has
to be an expert to know an inverted yield curve does not add up
to a healthy bond market. While we are looking at the stocks
there is something really sick going on in bonds, something
I can't explain, or even understand but I can tell you that
you don't need to understand it to know an inverted yield
curve won't work. Something stinks to high heaven there,
who the hell would buy long term debt when they can make more
on the short term. Is this some kind of prelude to our own
Government or big banks in serious trouble. It just don't
make sense. The bond market is a lot larger than the stock
market, & if it goes to hell what can stocks expect ?
It's not an area I've looked at that hard so damm if I can say,
But I know something is wrong with an inverted yield curve,
and it won't work. Just like I don't know why a penguin's wings
are like they are, but I can see he's a bird that can't fly.
Jim
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