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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Ilaine who wrote (6360)7/28/2001 7:23:02 PM
From: KyrosL  Read Replies (2) | Respond to of 74559
 
I guess I don't expect literally a Financial Collapse <g> Just a halving of the DOW and NASDAQ from here. Anyway, Greenie will probably make good all the repos by monetizing them -- he wouldn't want to be remembered as the guy that brought about Great Depression II.



To: Ilaine who wrote (6360)7/28/2001 9:08:36 PM
From: energyplay  Respond to of 74559
 
Long article in Thursdays Wall Street Journal about American Express getting burned by $400 million on junk bonds -

Some money markert funds have junk in them - especially if you see a 7% rate !

Moving to US Governments is a really good idea.


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