SI
SI
discoversearch

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.
Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?


To: accountclosed who wrote (53915)7/30/1999 8:23:00 PM
From: Henry Volquardsen  Read Replies (2) | Respond to of 86076
 
Hi A,

No good soldiers. I've been meaning to write you about that. Things have been extremely hectic for me lately so I haven't been able to spend to much time on SI. I hope all is well with you.

Yup, I am bearish at the moment despite my natural predilictions. I've been reading some of Mr Meehan's comments and was thinking of chiming in. He has mentioned, I believe, how the departure of foreign capital could weaken the dollar and the equity markets. I agree with that in the short term and have been keeping a close eye on foreign capital flows. But that same factor will also cause an outflow from the bond market. I've been of the opinion for a while now that all the people using inflation to argue bond yields are mistaken. I was and it cost me a lot of money earlier this year. The stronger influence on the bond market currently is flow of funds. The stronger attraction of other markets has been what is weakening the bond. I suspect we will see 6.50.

Henry