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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: gregor_us who wrote (838)	2/27/2004 6:54:00 PM
From: mishedlo	Read Replies (1) \| Respond to of 116555

Heinz on treasuries Date: Fri Feb 27 2004 16:18 trotsky (Apollo@10-year) ID#377387: Copyright © 2002 trotsky/Kitco Inc. All rights reserved as i said yesterday, i suspected a short squeeze in bonds and notes was imminent...this could be it. bad sign for the stock market, although i've noticed the lumps as Bonner calls them are piling into housing and housing finance stocks practically on auto-pilot on account of the fixed income rally. Japan's lesson will be learned all over again in short ( the lesson was: a housing bubble can well collapse even though rates drop and drop and drop ) .