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Non-Tech : The Woodshed -- Ignore unavailable to you. Want to Upgrade?


To: John McCarthy who wrote (41756)10/31/2006 11:27:53 PM
From: SwampDogg  Read Replies (1) | Respond to of 60903
 
The trusts that will be hit the most tomorrow will probably be the most stable ones with the lowest yields. As these were purely tax vehicles some may be down 25%-50%. The irony is that these were the ones that were held by "conservative" funds and investors. One would think that the Feds did their work on this and would know the ramifications but this is going to be ugly.
If there is no growth in the business and your after tax yield is not much more than a 10 year bond you know what has to happen. This is why a 50% decline on some of the stable names in not out of the question before the dust clears.