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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?

To: Jorj X Mckie who wrote (14225)	2/19/1999 8:05:00 AM
From: james ball	Respond to of 34809

Muni's will be affected however it depends on why he owns the Muni's. Lets say I'm in a high taxbracked and I don't want any stock exposure and I don't want to pay taxes. I buy,lets say, a Virginia General Obligation bond maturing in 2010. I know I get, lets say, 3% tax free and I can live on that and I like the stability of the Va. Bond. I also don't know if I sell this one, what I would be able to get another one for, yield wise. Lets also say this person has constructed a bond laddar. Where he is long varying maturities like 5,10,30 year incruments. Each 5 years he has one mature and he buys the next bond out 5 years. then the ten matures and he buys a 10 year out etc. You see it is a multilateral question that you wish a unilateral answer. More information is needed to adaquately evaluate this situation. Tom