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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: William H Huebl who wrote (33879)11/17/1998 8:01:00 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 94695
 
Bill,

If you're implying that I'm fighting the FEDS by shorting bonds, quite the contrary. The FEDS are lowering short term rates, not long term rates, this will likely widen the yield curve and put pressure on long term bonds as a byproduct of keeping the current economy stimulated.

The equities will benefit by the above scenario. I think I'll be okay, I could always liquidate, but I don't really think I'll need to, we'll see...

GZ



To: William H Huebl who wrote (33879)11/17/1998 8:55:00 PM
From: Haim R. Branisteanu  Read Replies (2) | Respond to of 94695
 
Bill - THIS TIME IS DIFFERNT - see 1929 the FED cut rates in similar fashion then.

I do not predict a repeat of same magnitude but definitely a prolonged recession as in Japan.

BWDIK

Haim