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

To: russwinter who wrote (24042)1/4/2005 7:07:49 PM
From: yard_man  Read Replies (2) | Respond to of 110194
 
I remember warning my Dad to get out of junk bonds -- he didn't listen to me. He's made a killing at this pt, even if he gets dinged a little before he gets out. Who would have guessed you could play something which implies an economic turnaround for almost a year and a half -- with little to no real recovery actually taking place. It's all about standing in the right line for wealth transfer. Doesn't make a darn bit of sense.



To: russwinter who wrote (24042)1/5/2005 6:14:06 AM
From: Crimson Ghost  Read Replies (1) | Respond to of 110194
 
Much to my utter AMAZEMENT junk bonds held steady yesterday despite sharp hits in treasury bonds and stocks
That means spreads narrowed again -- possibly to record lows.

Augurs well for a final strong stock market bounce before the REAL decline begins.


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