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To: NickSE who wrote (47065)6/14/1999 11:10:00 PM
From: Lucretius  Read Replies (3) | Respond to of 86076
 
that guy flip flops so much that he makes these daytraders look like BRKA l-t holders.

"In our opinion, the sharp move in bond yields slightly above the 6% level during the last two weeks is making a final peak in yields that will prove to have been a treemendous buying opportunity. "

I haven't heard a single mkt kiddie call for 7% or higher. All i've recently heard is that... "we're close to the bottom" (Creamer said that back below 6% if you recall) I don't see any kind of bottom in rates till stocks are destroyed.

I still stand by my 7 to 7.5% that I laid out back in Jan.... (never imagined it would take 5 months to get here... -s-)

stocks of course will love higher int rates and should soar to new highs



To: NickSE who wrote (47065)6/15/1999 8:55:00 AM
From: John Pitera  Respond to of 86076
 
Nick, Ralph Blodgett(sic) was on cnbc outlining a very similar outlook.

Several of the traders are calling for same.



To: NickSE who wrote (47065)6/15/1999 7:03:00 PM
From: NickSE  Read Replies (1) | Respond to of 86076
 
Investors Worldwide Selling U.S. Equities
washingtonpost.com

LONDON -- Fund managers worldwide are turning away from U.S. equities in favor of domestic stocks as expectations rise for faster European and Japanese economic growth, according to a survey released Tuesday.