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To: E.J. Neitz Jr who wrote (34761)11/16/2001 10:09:50 AM
From: Larry S.  Read Replies (2) | Respond to of 53068
 
good move ed, i think bond funds have had their move. from here on out, lower to steady prices, while dividends will be cut as the flood of money coming into bond funds will lower the payouts (new bonds purchased at lower yields). might be comparable to buying the nas at 5K. larry



To: E.J. Neitz Jr who wrote (34761)11/16/2001 12:56:05 PM
From: Ron McKinnon  Respond to of 53068
 
Ed good move on the bond fund
I'd think you got 95%+ of the gain potential
my gut says a 50/50 chance of the next fed move is a rate increase

doing little today

took a small long position in F and ABC
1st short on TUES and JAKK for a position hold

and the EBAY ATM gave a sweet short scalp 61.23>>>>59.95


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