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Ace Hanlon

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Ace Hanlon

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Monday, 10/21/2002 9:57:32 PM

Monday, October 21, 2002 9:57:32 PM

Post# of 704019
Japan plunging again; down 2%. Non-Japan Asia up just modestly.

On a brighter note for the bulls, junk bond spreads ahve narrowed considerably. Treasuries and high quality bonds of all kinds have been massacred this past week; junk bonds down just slightly.

“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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