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To: AllansAlias who wrote (18629)10/31/2001 10:51:23 AM
From: Chip McVickar  Read Replies (1) | Respond to of 209892
 
Bonds dropping

Golds dropping like a rock as well

DX rising

Must be a wave change in here some where



To: AllansAlias who wrote (18629)10/31/2001 11:07:20 AM
From: Perspective  Read Replies (2) | Respond to of 209892
 
And if *that* isn't the all-time go-out-and-borrow-long signal, I don't know what is. Forget the 15 year mortgage, go for the 30 year. Rates must be about to bottom out if the government is going to borrow short term again.

Of course, the deflationary spiral I expect says there will be even better opportunities to lock in for 30 years in the near future. You can rest assured the government won't be one of the parties locking in; they are 100% guaranteed to do the wrong thing.

BC