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S&P 500
5,505.00
(
-0.71%
)
US TECH 100
19,000.00
(
-0.94%
)
Dow Jones
40,287.53
(
-0.93%
)
Brent Oil
81.88
(
0.00%
)
Bitcoin
66,969.00
(
-0.30%
)
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sylvester80

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sylvester80

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Re: Chris McConnel post# 7536

Tuesday, 10/28/2003 4:12:29 PM

Tuesday, October 28, 2003 4:12:29 PM

Post# of 36150
I think the TNX told the story today. It dove with the Fed announcement. With low rates, stocks look more attractive. However everyone and his mother knows that rates will not be this low 6 months to a year from now. So to me this looks again as nothing as a FED created bubble mania. However, it will end the same way as every other mania IMHO. Time will tell.


"When fascism comes to America, it will be wrapped in the flag and carrying a cross." - Sinclair Lewis

"Those Who Would Sacrifice Liberty for Security Deserve Neither." -Benjamin Franklin

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