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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: kapkan4u who wrote (166842)	6/22/2002 12:33:17 PM
From: Jim McMannis	Respond to of 186894

RE:"Next to be sold by foreigners. If bonds are sold the prices go down (rates up) and you get a nice entry point." That's what I thought you said. Thanks....

To: kapkan4u who wrote (166842)	6/22/2002 12:42:58 PM
From: The Duke of URL©	Read Replies (1) \| Respond to of 186894

Kap: I know your ledgendary predictions on the direction of intel are unassailable, but: " Now it's time to deflate. Nobody " IF, foreign money departs us bonds, the price will go down, but there will be a big difference from the '29 scenario. First, the fed will pump liquidity through the roof, just like in the y2k scare/fiasco, and TOTALLY unlike '29. Next, interest rates will shoot up. The will shoot up anyway, when the congress starts printing money to cover all there boongoggle pet projects they keep sneaking through, while camp fin reform remains like smoke in the opium den. Ergo, those bonds that you just popped into with a fixed 5.1% will start crashing down around you ankles like Casey's drawers. So, unless you are talking about holding those bonds no longer than about 1 month, its bye bye miss American pie, to you. Don't you agree?