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Non-Tech : Tulipomania Blowoff Contest: Why and When will it end? -- Ignore unavailable to you. Want to Upgrade?

To: Sir Auric Goldfinger who wrote (2574)	1/28/2000 7:23:00 PM
From: RockyBalboa	Respond to of 3543

Do they get shortchanged a second time? Fleeing the stocks seeking "safety in bonds"... ...but then I predicted bond yields going lower just one week ago... Friday January 28, 4:48 pm Eastern Time U.S. stocks fall sharply as bonds rally (Updates to close, new byline) By Cal Mankowski NEW YORK, Jan 28 (Reuters) - U.S. stocks ended with steep losses on Friday after a new batch of economic data raised fears that the Federal Reserve will be forced to take aggressive action next week to slow the economy. Investors fleeing the stock market sought safety in bonds, pushing the interest rate down to 6.44 percent. A surging dollar, which hit a new peak against the euro, contributed to an air of confusion on Wall Street and triggered a barrage of rumors about unidentified hedge funds being in trouble.