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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?

To: John Hunt who wrote (10902)12/11/1997 10:24:00 AM
From: Tommaso  Read Replies (2) | Respond to of 18056
 
Flight to quality: the long bond touched 6 %.

The short component of BEARX is up 2% already, with many issues down 5-10%.

All it will take is about two weeks and a thousand points lower on the Dow to set off really huge switching into money market funds. Or so I think. As we all know, such guesses have been proved premature over and over.



To: John Hunt who wrote (10902)12/11/1997 11:10:00 AM
From: Joan Osland Graffius  Respond to of 18056
 
John, >>China's economy stalls as Asian "flu" spreads

Stalls..isn't this article defining a recession?

Joan


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