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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: William H Huebl who wrote (61120)	11/26/2002 10:02:17 PM
From: Real Man	Read Replies (1) \| Respond to of 94695

Your rates vs stock yield stuff, also called the Fed model, has been very bullish lately for stocks, bearish for bonds. I think stocks got as "undervalued" as 35-40% according to that model in October. Could mean we are in for an extended rally, until the bond market and the dollar falters, and VIX gets back to 20, which may take a bit more time. Maybe it's even time to have a 6 month rally, so that the bear market is officially declared to be over. Then we tank again, along with bonds and dollar.