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Post# of 704041
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Ace Hanlon

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Ace Hanlon

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Re: ajtj99 post# 105532

Wednesday, 05/07/2003 8:13:37 PM

Wednesday, May 07, 2003 8:13:37 PM

Post# of 704041
Stock investors should not ignore the widening of junk credit spreads the last 2 days. Junk bonds led stocks up and may also lead stocks down -- though perhaps just modestly for 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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