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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 (65174)	8/3/2003 9:37:21 PM
From: Real Man	Read Replies (1) \| Respond to of 94695

Of course! I held that view all along, remember? I said in May stocks won't turn until the bond bubble bursts. Greenspan was just growing one bubble after another. The ultra easy credit from the Fed, and the GSE (Freddie and Fannie) were the origin of the credit bubble. Now that the GSE are in trouble, and the Greenspan put has expired, I expect a collapse to happen soon. While the bond market was bubbling (and this was by far the largest bubble), stocks were OK (relatively), since the biggest bubble was growing, and you could always extract some cash from it (home equity, etc. to keep economy going). Now you can't. Stock bubble was only $10-18 Trillion. The currency market is bigger, and the bond market is the biggest of them all. That's why it's the end of it - we finally got to the root of all bubbles. Some more wisdom from Sinclair - jsmineset.com What's interesting - the public is totally lost, and not paying attention - you won't find bond headlines anywhere in the major financial press. Did you see the Repo chart I posted earlier?