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To: Lucretius who wrote (38413)5/4/1999 7:10:00 PM
From: Bonnie Bear  Read Replies (2) | Respond to of 86076
 
boy you ARE bearish...
not when canada just dropped its interest rates. It doesn't fit.



To: Lucretius who wrote (38413)5/4/1999 7:56:00 PM
From: Bonnie Bear  Respond to of 86076
 
LT: I just looked at my ira account balance- up on the day. Go figure. all my bond/yield cefs are up on the day..I have stuff I'd categorize as "high-quality yield". Seems like smart money was moving in, not out, because joe sixpack doesn't know what a cef is. I kinda think this is the end of the line for internet stocks, the money will be used to keep the bond yield down so the feds don't have to pay those nasty payments. -ggg-


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