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


To: ild who wrote (37554)8/2/2005 1:22:58 PM
From: ild  Read Replies (1) | Respond to of 110194
 
"An unscientific email sampling Friday of short-sellers and other bearishly inclined investors asked respondents what they would prefer to sink $500,000 into for the next three years, a Florida condo or the Nasdaq-100 Index Tracking Stock exchange-traded fund, better known by its symbol QQQQ, which these people tend to think of as a proxy for speculative excess. The QQQQ won, hands down."
---(The Wall Street Journal - 8/1/05)

Schaeffer's addendum: The same cast of characters who've been selling dirt cheap option premium and buying "priced for perfection" corporate and emerging market debt and shorting the dollar would like to advise you that big-cap tech is a better value than Florida real estate. Enough said.

Bernie Schaeffer

schaeffersresearch.com



To: ild who wrote (37554)8/2/2005 5:28:08 PM
From: patron_anejo_por_favor  Respond to of 110194
 
Why do you think they're called "liar loans"? Methinks all too many borrowers and lenders use that phrase literally these days.....<NFG>