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To: yard_man who wrote (255291)8/12/2003 6:28:59 PM
From: Earlie  Respond to of 436258
 
Tip:

Piled high with trampled bodies.

Been in this crazy analytical game for well over two decades and have NEVER seen such a confluence of "perfect storm" conditions. (NG)

Perhaps we get through the fall without a catastrophe, but the odds are stacked against that. The only way Greenspan can extend things now is via the insane "refi" game and with the long bond in turmoil, it won't be easy.

Best, Earlie