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Sherlock356

05/19/03 8:27 PM

#109246 RE: porter #109243

An interesting statistic...I was talking with a Sr exec at a large financial firm...he said that in late '99 86% of all incoming new money was going into stocks/stock funds. Recently (this was a few weeks ago) he said the latest data showed the same 86% of new incoming money was going into... bonds/bond funds.
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Joe Stocks

05/19/03 9:42 PM

#109261 RE: porter #109243

>>At some point Gross will awake and realize that he's sitting atop a bubble of his own creation.<<

How would that be? Gross has a better understanding of the situation than most.