Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: donald sew who wrote (17130)	6/13/1999 12:00:00 PM
From: HairBall	Respond to of 99985

donald: My TYX data does not go all the way back to 1970, but if you look at my charts today, you will be able to see the TYX all the way back to late 84. Check out the weekly chart... Regards, LG

To: donald sew who wrote (17130)	6/13/1999 5:44:00 PM
From: Merritt	Read Replies (1) \| Respond to of 99985

Donald, I don't have the data to back up my memory, but bond holders took a bath in the 70's. At one point in the late 70's, as I remember it, quality commercial paper got as high as 22%, and I think short-term gov bonds got up to around the 18% area...but I'm not certain on that. With the extreme inflation (when you went into the supermarket, there'd be three or four price stickers on a can...each one for a higher price.) that occurred during Carter's administration, nobody wanted to hold a diminishing asset, as bonds were perceived to be. As to 1987...to me that wasn't a bear market, just a correction. A correction that was precipitated by the Fed's raising interest rates.