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Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?


To: yard_man who wrote (10506)11/5/1998 5:51:00 PM
From: MythMan  Read Replies (1) | Respond to of 86076
 
I saw that. another clueless investor <g> Either it is much shorter or pullback never happens..



To: yard_man who wrote (10506)11/5/1998 6:54:00 PM
From: robnhood  Respond to of 86076
 
<<<Gold Dancer (From Kaplan today) ID#430221:
Copyright © 1998 Gold Dancer/Kitco Inc. All rights reserved

STOCKS VS. BONDS: In a bull market, stocks and bonds rise together as
investors are encouraged by an improving economy. In the current
financial scenario, bonds rise only when stocks are falling, or stocks
rally while bonds lose ground. This indicates that there is a limited
amount of capital available for investment, and that one sector can gain
only at the expense of another, which is typical of a bear market. The
more that stocks rise as bonds are declining, the greater the incentive
to switch from stocks into bonds. Inevitably this will force an end to
the current bear market rally in U.S. equities. The greater the
disparity before the rally ends, the more severe and sudden will be its
eventual reversal. >>>>

Taken from kitco, which was taken from Kaplan