Monday, March 28, 2005

CANDLE STICKING BOND YIELDS...

How a "bond crash" is avoided this spring is beyond my reasoning.....apparently the Street will "ignore it" until it doesn't ignore it...but when that will be is anyone's guess.....

With the 1st quarter ending and the 2d quarter starting this week....the market looks like pure gloom and doom. Just look at the chart of any REIT or closed end income fund....for examples.