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RT's,
I've been scratching my head all weekend about the bonds. I just got
another, the crash is coming next year story in the mail that says that
bonds are "the" investment(kind of goes along with Prechter's safe haven).
I'd be lying if I said that I was an experienced hand when it comes to the
bonds but there are a few things that I know.
I remember interest rates of 4% and I'll bet that Ira remembers lower rates
than that(my father does). This story I read says that interest rates went
to a low of 1.5% in the Great D.
So I decided to see what Advanced Get had to say about the bonds. The
picture I got from it says that we just made a 1.66 level(a #3 within the
#5) in a large number 5 wave(at the recent high) and that we are now in a
#4 pull back and that the 2.66 level is out there at about 160.
Since I know that rates have been lower and that lowering rates seems to be
the preferred cure for the pinch we are in it just might be a good
investment to go with bonds. Your thoughts appreciated.
Brent
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