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Ace Hanlon

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Ace Hanlon

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Re: Zeev Hed post# 325012

Sunday, 11/21/2004 1:40:32 PM

Sunday, November 21, 2004 1:40:32 PM

Post# of 704041
Junk bond spreads which have served as a very accurate stock market indicator this year are extremely narrow and narrowed further on Friday. No way will get a sharp or sustained stock drop until junk spreads start to widen IMHO.

“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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