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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: TREND1 who wrote (57189)4/26/2002 1:49:25 PM
From: vampire  Respond to of 99280
 
Isn't that vs. Treasuries?

Maybe T's and the market are both overvalued



To: TREND1 who wrote (57189)4/26/2002 1:54:12 PM
From: ajtj99  Respond to of 99280
 
Larry, I believe buyers would come in if they trusted the accounting and projected earnings. I think that issue is a serious impediment to the Fed model as a useful method for valuation in the current semi-transparent accounting environment.

That said, the bond rally is quite surprising to me. They are pretty confident the economy is going to tank down the road.


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