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Ace Hanlon

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Ace Hanlon

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Re: mlsoft post# 144702

Tuesday, 08/26/2003 10:11:23 AM

Tuesday, August 26, 2003 10:11:23 AM

Post# of 704041
Yes the bond action is very bad. Quite weak in a sluggish stock market. A strong stock market rally could touch off a mini panic in bonds with the potential for massive derivative problems.

Frankly I suspect AG knows this and does NOT want the stock market to rally much further right now.

“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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