Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
6,824.66
(
0.62%
)
US TECH 100
24,376.00
(
0.55%
)
Dow Jones
48,185.80
(
0.58%
)
Brent Oil
94.54
(
0.09%
)
Bitcoin
72,162.96
(
0.52%
)
News Focus
News Focus
Post# of 704041
Next 10
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Ace Hanlon

Send PM Follow Ignore
Followers 104
Posts 7817
Boards Moderated 0
Alias Born 07/07/2002

Ace Hanlon

Member Level

Re: mlsoft post# 106779

Monday, 05/12/2003 1:53:15 PM

Monday, May 12, 2003 1:53:15 PM

Post# of 704041
I still think the key to this gambit is manipulation of the bond market. 10-year yields probably would be 4.6% instead of 3.6% if the market was allowed to operate freely.

Who can blame the boys for piling into stocks if they think interest rates (short and long) will remain absurdly low for a long time no matter how high stocks go or far down the dollar plunges.


“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

Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today