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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Lucretius who wrote (15972)6/4/1999 12:21:00 PM
From: GROUND ZERO™  Read Replies (3) | Respond to of 99985
 
1987 is a very good example of 'too little too late.' Look at where rates were in 1987... bonds today are trading at 116-00 plus, in October, 1987 they were trading at 65-00 or so, rates were half way to the moon... that's not the scenario we have today, but the fact that everyone remembers 1987 so well explains why we see the jitters today over just a whiff of inflationary talk.....

GZ