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

To: Cynic 2005 who wrote (12150)12/22/1997 3:57:00 PM
From: Judy  Read Replies (1) | Respond to of 18056
 
Hi, Mohan

I knew that Zeev was not referring to you re:doom and gloom. But on any given thread, I only read the posts of a few people-marked individuals who have well-reasoned thoughts. So with respect to this thread ... it's you, my dear.

And you don't need anyone to come to your defense. Take care.

One more thing. Not prudent to short PSFT now, it will go up with the other good yr2k stocks.



To: Cynic 2005 who wrote (12150)12/22/1997 3:58:00 PM
From: Bearded One  Read Replies (3) | Respond to of 18056
 
When has the yield curve last been this flat?
3 mo 6 mo 1 yr 5 yr 10 yr 30 yr
5.43 5.49 5.53 5.70 5.71 5.88

That's .28 spread between 3 mo and 10 yr which gives
a 15-20% chance of recession according to the article
at ny.frb.org


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