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To: MythMan who wrote (10074)11/2/1998 1:55:00 PM
From: Cynic 2005  Respond to of 86076
 
Roger that!

As of: Nov 02, 1998 @ 1:57 pm ET
Last 5.229 Change +0.086
Currency USD % Change +1.67%
Open Tick +++-
Day Low 5.157 Day High 5.231
Previous 5.143



To: MythMan who wrote (10074)11/2/1998 2:20:00 PM
From: Mike da bear  Respond to of 86076
 
Bond market is at low for the day and stocks are at the high. contrare that!

People are dumping bonds to buy stocks. Why take 5.2% on a long bond
when you can get 20+% a year in stocks? Stocks don't have a downside
risk when you have the FED ready to step in and support the market.
S&P is now up 14.8% year to date... this is a pretty bad bear market
we're in. If it wern't a bear market the S&P would be up it's normal 30%
by now.

mdb