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


To: Knighty Tin who wrote (68677)10/5/1999 9:35:00 PM
From: Bill F.  Read Replies (2) | Respond to of 132070
 
thanks, that kinda how i see it too.if tbondo`s trade at zero then they might notice(G).meanwhile bonds tank until stocks do.....



To: Knighty Tin who wrote (68677)10/6/1999 6:53:00 AM
From: Tatnic  Read Replies (1) | Respond to of 132070
 
Mike...I seem to remember an old rule-of-thumb that says when bond yields get to be a certain level over the yields of the s&p 500 (I seem to remember the magic number is a 6% difference but not positive about the comparison w/ the S&P) then you'll see many start jumping out of the stock market into bonds. Intuitively it makes sense but what numbers/comparisons make sense to you?