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To: Lizzie Tudor who wrote (14184)10/3/2002 1:07:17 PM
From: 16yearcycle  Respond to of 57684
 
y, it's just sp. Of course, the nasdaq has a higher beta.

All the biggest bears are ignoring the most basic principle of finance, that various investments have a relative yield or attractiveness. And that is probably why we are so low, the re bubble, and why we are sitting on a powder keg that almost no one seems to be aware of. At some point the economy will heat up, while rates are very, very low. It's not hard to imagine that it will happen with falling oil prices too.