SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?


To: yard_man who wrote (11014)12/11/1997 4:04:00 PM
From: Joan Osland Graffius  Respond to of 18056
 
Barry, >But this bull dies hard.

I agree, if we enter a bear market this bull will die a slow death. I have been looking at some of my books here looking for an example of this. Maybe 1962, kind of a slow slide.

Joan



To: yard_man who wrote (11014)12/11/1997 4:12:00 PM
From: Tommaso  Read Replies (2) | Respond to of 18056
 
Actually lower interest rates are already here. The 30-year treasury hit 6% today, which seems like a pretty fair level even if you were designing an economic utopia. I'll try not to mention it again, but I am very pleased at having put over half my wife's IRA into treasury strips when they were yielding about 6.7 % not too long ago; they have appreciated about 14%, I think and if rates drop another one percent they's go up another 20% plus the appreciation of the basic interest as maturity approaches. And as safe as anything made of paper can be.