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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Haim R. Branisteanu who wrote (7327)10/25/1997 1:48:00 PM
From: Joan Osland Graffius  Respond to of 94695
 
Haim, >>if you and me will start hearing about those Banks beeing in trouble it will be to late.

You are correct.:-)

>>In 10 year bonds you would more than tripple your money. (yield on a 10 year note was around 8.75 then)

Yes, I played the bonds this year, buying at 7.2%, but took profits. maybe dumb but thats the way it is.

I played the market during the last 3 years big on margins, am out now and have myself positioned to keep an even keel until we see what happens. I do not like uncertainty. I will be happy to stay even until we see what unfolds.

Joan