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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 685.33+1.1%Jan 21 4:00 PM EST

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To: donald sew who wrote (5248)2/2/1999 10:58:00 PM
From: Daniel Joo  Read Replies (1) of 99985
 
The only time bonds are "safe" is if you buy at face and hold until expiration to lock in yield. With all the hedge funds playing their interest rate games, buying and selling bonds especially bond funds is for the birds - IMO.

Interest rates will go untouched IMO. Consumer spending is driving the economy despite turmoil abroad. Greenspan will not risk a sell off in the stock market that will curtail spending thus bringing the economy down. We are in a great environment where the economy is growing strong with low unemployment and low inflation. No need to rock the boat.
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