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To: UnBelievable who wrote (247498)	6/27/2003 7:32:44 PM
From: Perspective	Read Replies (1) \| Respond to of 436258

< I don't know how stocks can go up when bonds are going down.> Simple, it's the "reflation is going to work" trade. Of course, if you understood the first thing about this debt-driven e-con-o-me, you would know that stocks can only go up while bonds are going up. Of course, stocks can also go down if bonds are going up, if the deflation trade comes back. The frightening part will be when they all start going down together - that's the Depression trade. BC