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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: EL KABONG!!! who wrote (36273)7/18/2003 11:06:10 PM
From: Cogito Ergo Sum  Respond to of 74559
 
Hi Kerry,
We've had talk quite a bit up here of the 'bubblisiousness' of the trust industry. Quite exactly as you cite lower tier companies are being converted and there is indeed a herd mentality developing as folks go for yield.

It's another thing to be aware of just like the cyclical nature of the energy trusts. This time we appeared to have the perfect storm developing there but.... it fizzled..

It's good sometimes when you are able to catch the babies being thrown with the bath water :o)

regards
Kastel