The final bond insanity & blow off(norman)

Next move in bonds	norman	NEW 1/15/2008 7:36:50 PM
We have seen some big moves in bonds recently. Inmy view the bond market insanity is behind that of stocks & oil& gold & real estate & all else, but catching up fast. The public is about to move into bonds in a big way. I am talking high quality bonds of course. Recently the short dated have been underperforming the longer dated. The moves in bonds now have nothing to do with rate cuts but fear of armageddon in the stock market. Thefinal bond insanity & blow off will come when we re-establish anegative yield curve with short dated notes around 2.5% & longbonds trading close to that. This will be the precursor to a new bear market in bonds which will last for about 20 years. Hopefully we will soon be able to pick up some cheap stocks.