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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?


To: Digger Sacket who wrote (11751)2/6/2000 8:02:00 PM
From: adad69  Read Replies (1) | Respond to of 15132
 
I don't why either. What I do know is that what happened on Friday was not emphasized enough by BB on his show today.
Normally he would have been more outraged over this action taken by Larry Summers. Anyway, hang on to your life raft
cause I think this time both the bond and the market are about to tank.



To: Digger Sacket who wrote (11751)2/6/2000 8:50:00 PM
From: Justa Werkenstiff  Read Replies (1) | Respond to of 15132
 
Digger: Bonds are a buy now if you view Greenspan as on top of the inflation issue. I believe the Greenman we will give us a recession before he gives us inflation. If you don't believe this, then bonds are not for you. And once the economy starts to slow, longer term bonds should rally even in the face of higher short term rates from the Greenman. The market discounts the future. Timing is always an issue.