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


To: Les H who wrote (19660)7/8/1999 5:35:00 PM
From: James F. Hopkins  Read Replies (1) | Respond to of 99985
 
LOL, You like that Capn Credit Crunch line ?

I better line up some JUNK BOND funds and keep an eye
on them, I don't think we can count on CNBC to tip
us off until about half of them are dead.

JUNK BOND default will be the blow that hammers the nail into
the coffin they will someday put this market in.
WE may not hear of it till the funeral director arrives
but I sort of think the NAVS of the JUNKY bond funds
could give us a warning.
Jim