flu – Good advice. One that would probably be good to incorporate generally into my short-term trading bucket of $.
sdduuuude – Would that be a backward N-shaped recovery ? I could see rate jumps in say late ’09 or early 2010 that might trigger the scenario you describe.
carlsbadworker – I agree. I have been avoiding any kind of bond or bond funds and opting for short-term cash for the better part of the past 3 years. I missed out on a significant bond rally, but don’t want to be holding the bag when rates start moving up again.
