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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: John Pitera who wrote (3261)2/14/2001 9:45:21 PM
From: OX  Read Replies (1) | Respond to of 33421
 
Cramer had a piece on PSIX awhile back as an example of why junk bonds were getting bot.
He said companies like PSIX were rushing to refinance and that they possibly depended on the window
of refinancing to survive moreso than possibly any other factor.
With the fed not seen as aggressively easing, their fuses seem even shorter.
oops


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