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Strategies & Market Trends : The Rational Analyst -- Ignore unavailable to you. Want to Upgrade?

To: HeyRainier who wrote (1524)	11/14/1998 1:36:00 PM
From: swedelo	Respond to of 1720

Mr. Trinidad, Good to see you active again. I liked the list of stocks you posted recently. I am most familiar with YELL , and on a fundamental basis, I do like it a lot. I own none at this point but it is on my watch list of 120 domestic stocks. As to your posting concerning the relationship between the long bond and stock prices, I agree in the past there has been more than a modicum of "lock step" correlation. I don't; however , look for any normalcy to return to this relationship, on a long term basis, any time soon. As long as the U.S. government and other world governments continue to make easy money available through interest reductions and in particular IMF bailouts. All these actions serve to do is "bail out" those particular lending facilities (and governments) that have taken the imprudent financial positions that have created the bulwark of the problem in the first place. This easy money is allowing these same institutions (and governments) to stay afloat and do it all over again! Until these bad apples are allowed to sink we will have to keep dealing with the problems they incur. The best quote I heard all week was "easy money got us in this mess, I don't see how easy money is going to get us out!"......Jimmy Rogers. As far as I am concerned we are throwing good money after bad, while actually encouraging the bad apples to do it all over again. Sounds like a drug habit, huh? It's time "TO JUST SAY NO"! Until we do you are going to see these strange and huge anomalies periodically in the long bond vs. stock prices. Best Wishes, Swedelo PS: Note that the Germans have yet to cut rates.