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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: Crimson Ghost who wrote (456)	8/23/2001 12:30:21 PM
From: Davy Crockett	Respond to of 36161

Hi George, Thats very interesting---maybe thats why Buffet bailed out of Fannie last January. Regards, Peter

To: Crimson Ghost who wrote (456)	8/23/2001 12:53:46 PM
From: Cogito Ergo Sum	Respond to of 36161

Has anybody noticed that government money market funds that invest primarily in alleged "guaranteed" agency Hi George, Up here in Canada I'm invested in Gov Bond mutual funds in one of my 'kiddie' accounts. To my dismay even these funds carry a codicil stating that they *may use hedging* blah blah blah..... So yes something could be real smelly... regards Kastel (a cuddly Canadian)

To: Crimson Ghost who wrote (456)	8/23/2001 7:19:14 PM
From: Roebear	Read Replies (1) \| Respond to of 36161

George S Cole, Excellent catch I believe George. Was reading some of my old books. As you know Mamis was one of my favorites, not for any tips or predictions, but just for how he looked at the markets (as a grumpy cynic, ggg). From his book "When to Sell" I paraphrase: An indicator not useful for timing but for an overview of monetary conditions is the ratio between AAA corporate bonds and short term t-bills. As the ratio narrows, the situation becomes more hostile to stocks. In 12/72 the ratio fell under 1.4 and stayed negative until 10/74... Note, that seems like pretty good timing to ME! Does anyone have a reading on this ratio now (I don't track it) as it could be interesting. Of course it's dozens of years old and things have changed, but since we seem to be having a bit of 70's deja vu now and then, perhaps some of the old indicators will work again? Opinions welcome, not one of my expertise areas (I'm the TA guy, ggg). BTW, normally I would consider this a topping indicator, but since gold has received no coverage at all if it wasn't spiteful anti gold spin the last few years, and since I am prejudiced, I proclaim it a Bottom Indicator (LOL): historychannel.com A Bit of Thread History, one of the first times (and LAST times, ggg) I caught Slider off guard was when he made a comment to someone in one of his "en garde" posts that went along the lines of "next you'll be telling me you are buying gold!". Which I gleefully cut and pasted a few weeks later in early Oct of 99 with a bit of gentle sarcasm of my own, (The Washington Agreement Rally had occured in between, ggg). The rest is History, like accidentally introducing someone to the future love of their life, LOL. Hurry back Sly! Best Regards, Roebear