InvestorsHub Logo
icon url

Captain_Jack

05/05/03 3:50 PM

#104635 RE: Ace Hanlon #104629

Agreed George. I've been selling corp bonds & holding the junk. The junk is holding up much better & paying much better too.
icon url

westpacific

05/05/03 3:53 PM

#104636 RE: Ace Hanlon #104629

Garbage stocks being bought, sign of near term top?
icon url

Benj

05/05/03 3:57 PM

#104637 RE: Ace Hanlon #104629

George,

Who knows how far the junk can be pushed during the guest for yield. Have been looking at a lot of junk for a while but the yields have come down alot as the funds have risen looking less and less atactive to me here. Just heard "The Singing Oracle of Omaha" just reiterate that the "AVERAGE" investor should stay away from junk but somehow I don't think you fit into that category.<g>

Benj