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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (93333)	11/29/2001 3:29:36 PM
From: Tommaso	Read Replies (1) \| Respond to of 132070

" I think I said to buy Treasuries when rates are high." Yes, now I remember. I do wonder how to know when high is high. Remember when they said "8% will bring money from the moon."? Before it was over, money must have been coming from Saturn, Jupiter, and Pluto. I do remember Burton Malkiel was telling everyone to get out of stocks and into bonds maybe ten years ago. A little too soon, as it turned out. I guess one great call in a lifetime is enough, however (stocks, stocks, stocks in 1980 or so). But people who locked in government-assured 15% did not do badly.