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Ace Hanlon

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Ace Hanlon

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Re: CoalTrain post# 124598

Sunday, 06/29/2003 4:23:58 PM

Sunday, June 29, 2003 4:23:58 PM

Post# of 704041
I suspect there will be a modest widening of spreads the next few months after the huge drops seem since last October.

That said the excellent junk bond performance last week may be signalling that the top is not yet in for this asset class.

“The things that will destroy us are: politics without principle; pleasure without conscience; wealth without work; knowledge without character; business without morality; science without humanity; and worship without sacrifice.” Mahatma Gandhi

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