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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 (37607)2/22/1999 9:05:00 PM
From: Bonnie Bear  Read Replies (1) | Respond to of 94695
 
11,300 is equivalent to a 20% increase in bonds or 40% overvaluation to the ten-year treasury. Ouch! Maybe we could see that if treasuries went down to 3%...but I'm happier riding low-risk bonds than high-risk stocks to get there.
Usually the market is flooded with liquidity before Greenspan speaks, the punch bowl is pulled away at 12:30.