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Strategies & Market Trends : Trading the SPOOs with Patrick Slevin! -- Ignore unavailable to you. Want to Upgrade?

To: SE who wrote (154)	7/28/1999 12:11:00 PM
From: Patrick Slevin	Read Replies (1) \| Respond to of 7434

I am sufficiently concerned about the markets longer term that I am reducing all debt. I am even considering paying down my mortgage, small as it is, even though I have a low rate. Whether I do that or not I am not certain but I am very seriously considering dropping some Long Bonds that I have, paying yields as high as 14%. The consideration is that I can go to Short Term notes and await Higher rates before I back into the Long Paper. I don't think I have ever been this concerned. Perhaps if I lie down for a bit the feeling shall pass....