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To: Crimson Ghost who wrote (133588)11/8/2001 7:07:03 PM
From: sun-tzu  Read Replies (1) | Respond to of 436258
 
The last cheap asset class left.



To: Crimson Ghost who wrote (133588)11/8/2001 7:19:56 PM
From: patron_anejo_por_favor  Respond to of 436258
 
<<But junk bonds came to life with a vengeance today. The one really cheap asset class left.>>

Sometimes things are cheap for a reason!

Message 16622894



To: Crimson Ghost who wrote (133588)11/8/2001 8:44:04 PM
From: Box-By-The-Riviera™  Respond to of 436258
 
he's not talking junk. he's talking muni's or feds.. period.

he's late.

there's only so many points left to deflate. we all have known that for ages. what happens after that.... ultimately a bondholders nightmare.