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To: marc ultra who wrote (3130)1/31/1999 9:52:00 PM
From: Investor2  Read Replies (2) | Respond to of 15132
 
RE: "Under these somewhat threatening conditions I think I'll be somewhat aggressive in taking defensive action despite the fact I'm mainly talking personal money."

And when (e.g., at what level of the S&P 500) will you re-enter the market? And what if the market doesn't get that low?

Best wishes,

I2



To: marc ultra who wrote (3130)2/1/1999 3:16:00 PM
From: marc ultra  Respond to of 15132
 
For anyone looking for another reason to worry about a correction the yield on the long bond is up to 5.18 at the moment. As we know higher rates makes extreme market P/E's a lot less tolerable

Marc