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Hi Ben,
It is quite possible we will both be right, just on
different time frames. I know you are a nimble trader with plenty enough
savvy to know when to hit the sell button (a nimble old fox {;-). My
concern is for those who are less sophisticated and will get hit again in the
401-k's.
What is your up side target from
109?
Good luck and good trading,
Ray Raffurty
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<A title=profitok@xxxxxxxxxxxxx
href="mailto:profitok@xxxxxxxxxxxxx">profitok
To: <A title=realtraders@xxxxxxxxxxxxxxx
href="mailto:realtraders@xxxxxxxxxxxxxxx">realtraders@xxxxxxxxxxxxxxx ; <A
title=gannsghost@xxxxxxxxxxxxxxx
href="mailto:gannsghost@xxxxxxxxxxxxxxx">gannsghost@xxxxxxxxxxxxxxx
Cc: <A title=dorothy.carter@xxxxxxxx
href="mailto:dorothy.carter@xxxxxxxx">Dorothy Carter ; <A
title=vdonovan@xxxxxxxxxxxxx href="mailto:vdonovan@xxxxxxxxxxxxx">Vincent
DONOVAN
Sent: Thursday, August 15, 2002 10:41
AM
Subject: Fw: [RT] Bond Bubble?
HelloRay
I am your age too
54
I agree, However
Will be a buyer at 109
Ben
----- Original Message -----
From: <A
title=r.raffurty@xxxxxxxx href="mailto:r.raffurty@xxxxxxxx">Ray Raffurty
To: <A title=realtraders@xxxxxxxxxxxxxxx
href="mailto:realtraders@xxxxxxxxxxxxxxx">realtraders@xxxxxxxxxxxxxxx
Sent: Thursday, August 15, 2002 10:12 AM
Subject: [RT] Bond Bubble?
In my short 53 years on this planet, I have only
learned one thing for sure... What goes up must come down and if it goes
parabolic it comes down just as fast and furiously. Remember the dot com
everyone HAD to own? The great masses are, as usual, panicking into
bonds just as the economy begins to recover. There may be some more
upside, but I wouldn't go un-hedged. The chart says it all.
Good luck and good trading,
Ray Raffurty
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