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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (7168)2/6/2004 6:08:51 PM
From: Chispas  Read Replies (1) | Respond to of 110194
 
"How long before the world begins laughing at the dollar?", Bill Bonner

"This story circulated in Switzerland in the 70s," writes our friend Gregor: "A person goes to buy a Monopoly set. There are two models, the salesman explained. One sells for 80 Swiss francs and one for 50 Swiss francs. "'What is the difference?' the buyer asks. "'The cheaper model uses real U.S. dollars.'"



To: mishedlo who wrote (7168)2/6/2004 6:26:47 PM
From: Crimson Ghost  Read Replies (1) | Respond to of 110194
 
Junk bonds weak again today despite big rallies in stocks and treasuries. FHYTX down 0.3% as credit spreads widened further. This is a warning signal that the stock rally is not going to last IMHO. The smart money is selling to the lemmings.



To: mishedlo who wrote (7168)2/7/2004 6:42:50 AM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 110194
 
nothing new under the sun ..... the main issue is that "the market" does not read the details and do not cares.

I pointed to those anomalies on SI back in September ........ were is the market now versus the level in September ?

Clueless is the norm