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Reply #1: much here that I agree with - but "How Not to Be Like LTCM " forgets that [View All]

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papau Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-27-04 10:06 PM
Response to Original message
1. much here that I agree with - but "How Not to Be Like LTCM " forgets that
LTCM unwound without much problem.

and folks are controlling their exposure in the derivatives market.

but I agree interest rate rise on 10 and 20 year is but a year away - I've been saying a 5% 10 year by 3/31/05 for about a year now - and I still expect it.
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