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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: Lee who wrote (16459)1/18/1998 3:34:00 PM
From: J.T.  Read Replies (1) | Respond to of 50167
 
Lee, I'm trying to look at your "bond play" in a different light. Maybe you should consider using any weakness in bonds as a chance to go long and ride the wave down to yields of 5.25% or even 5%. I just don't see any significant pullback to say 6.10% area short-term unless we have another powerful advance in equities. The reverse of this would be "asian flu" begins to affect corp profits and the flight to quality would then continue until credit problems develop here or consumer credit confidence problems materialize from "lenders perspective". The old axiom "the trend is your friend" or "ride the wave". Just some thoughts. JT