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To: Les H who wrote (125514)9/25/2001 2:45:17 PM
From: benwood  Respond to of 436258
 
That chart looks like a Slinky going down the stairs. Not a good investment model. <g>



To: Les H who wrote (125514)9/25/2001 2:59:50 PM
From: robnhood  Respond to of 436258
 
<< NEW YORK (Dow Jones)--U.S. junk bond prices moved sideways Tuesday as the
market continued to labor to get up to full speed.
After posting small gains during Monday's session, most actively traded junk
bonds were quoted unchanged Tuesday and participants complained of a persistent
lack of liquidity.
"My sense is that some liquidity is returning to the market as we move farther
away from the attack, but we still have a long way to go," said Patrick Lyn,
fixed income specialist at WestLB.
Lyn said the spread between bids and offers has remained wider than usual and
trading volumes have remained lighter than normal. >>