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To: SliderOnTheBlack who wrote (36905)2/5/1999 2:24:00 PM
From: SargeK  Read Replies (1) | Respond to of 95453
 
I plead guilty,

I have 16k, having added 2k today. Averaged in (including trading) under 8 and waiting for pay day. I'll use the 6k shares for short term and intermediate term trading and will retain 10k (core holding) for the tremendous long term potential. Good luck all !! A'int this fun?

K



To: SliderOnTheBlack who wrote (36905)2/5/1999 2:25:00 PM
From: Crimson Ghost  Read Replies (1) | Respond to of 95453
 
Don't look now, but the bond market has broken down decisively. Long bond yield now 5.35%. And this despite a rally in Japanese bonds. Looks like all the deflationists calling for 4% bond yields will be dead wrong. But maverick bank analyst Charles Peabody (who is extremely bearish on bank stocks) is projecting a long bond yield of 6% this year.

Bottom line -- the bear may arrive sooner than many think. And perhaps somebody sees higher inflation and higher oil prices down the road.