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To: marc ultra who wrote (2872)1/16/1999 8:42:00 AM
From: Boca_PETE  Read Replies (1) | Respond to of 15132
 
marc and Richard: Thanks for the link to Don Lane's sister board post and the MT reference.

Last Monday's move of 401K Plan money out of Index and Growth Funds into a Long Term US Treasury Bond Fund when long rates were 5.3% has worked out quite well for me so far.

If we get some impeachment conviction fear and some spreading Brazil contagion going, Don's forecast of a greater than 10% correction could come true and long rates could also drop back down to the 4.75% area as investors take refuge. That could be the sign I'm looking for to restore those 401K funds to equities.

P