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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: valueminded who wrote (63129)6/24/1999 9:27:00 AM
From: Freedom Fighter  Read Replies (3) | Respond to of 132070
 
Chris,

I generally agree with you. But I can't see the bond yield getting to 8%. There are too many people that would find 7% treasuries very attractive in a 2%+/- inflation environment. The stock market will break by then. The other thought I have is that since I don't know the exact breaking point, if I wait for it, when it happens it may already be too late to get a bond position in. It's hard for me to tell the difference between head fakes and the main event. I plan to ease in a little at a time if I choose that route. I'm still mulling it over. I'm thinking zeroes right now.

Wayne