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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Knighty Tin who wrote (34119)10/18/1998 12:53:00 PM
From: Howard Henick  Read Replies (1) | Respond to of 132070
 
Mike - Thanks for the prompt reply. I will buy IFN. Do you like India here or are there other CEFS you prefer more? Also, my interest rate view is not exactly the consensus as I do not think long rates will rally much from here, but that funds will go to 4% and the curve (3mo bills/10 year treasury) will steepen even more than it already has to date. I think the economy will be going strong by late next year and the fed may then have to reverse some of its easing moves, particularly if the Japanese politicians finally get their head out of their butt and do true bank reform which means closing weak banks, increasing disclosure requirements and reforming agriculture. Even better if the LDP is voted out of power!

Remeber that I was the one who told you that the FED would never raise margin requirements. You should no better than to agree with anything Alan Abelson says! :)

Are you short any internet stocks here? Also what are your favorite biotech longs. Finally you should really take a look at capstead pref B for your income portfolio.

Take care - Howard