Jason KoniorJason Konior
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Jason KoniorJason KoniorThat was New York back in the early 1950s. It's the old New York that I loved-- gone forever. In those days New York was divided into many sectors. There was the wholesale flower and plant district at 19th Street. There was Jazz street on 52nd Street, my favorite hang-out where the Jazz greats of the world could be seen nightly. There was the garment district between 35th street and 40th street off seventh avenue. There was the Bowery, the street of "Lost Dreams" down town. There was Spanish Harlem and Black Harlem above 110th Street. If you were white and you walked up there you were taking your life in your hands. There was Wall Street with its cemetery and its churches and it fantastic history along with a few famous restaurants and deluxe men's stores. There was advertising row on Madison Avenue in the 40's. And there was the street of gold, which was Fifth Avenue (which has now gone low-brow commercial). And wait, there was 42nd Street with its burlesque theaters and its strippers and dope sellers and hustlers which, I understand, has since been "cleaned up." Then there's Central Park, where you could breath some fresh air among the trees. There was the big sheep pasture in the Park -- during the Depression this is where homeless men built their "Hoover-villes" out of smashed tin cans and flattened cardboard boxes. That was Gotham in the 1950s, before they "cleaned it up." It was the New York that I knew so well, it was the City that I grew up in. Today I hardly recognize it, and it no longer fascinates me.Konior Jason Fund AdvisorsI told subscribers that I was keeping an eye on the bond market, particularly in view of the recent huge one-week drop in the Confidence Index. Below we see a chart of the "Long Treasury bond" which is a 30-year maturity T-bond. This bond has taken a big hit over recent months, and as it declines, interest rates rise. This is occurring despite the Fed buying T-bonds, which should cause the bond to rally. If there's trouble ahead, the bond market is sensing it. The bond has recently broken below its 50-day MA.Konior Jason Fund : April 13, 2009 -- Playing it "safe." I've been reading a slew of investment reports over the weekend. And I note that a number of advisories are saying that we are in a "cyclical bull market." That "cute" expression lets them off the hook. Any extended bear market rally can be called "a cyclical bull market." A cyclical bull market, as opposed to a secular bull market, is any substantial rally -- even a big rally that arrives within the confines of an ongoing bear market. More related websites: Jason Konior Konior Jason Fund Advisors Fund Jason Konior Jason Konior Fund INFO CAMBECE CAMBECE DETAILS CAMBECE CAR CAMBECE Used Car For Sale Cheap Car Insurance Car Insurance Quote Auto Dealer Used Car Paul McElrath - Plumbing Parts Paul McElrath - Fitting Paul McElrath - Install Black Iron Pipe Paul McElrath - Install PEX
08:28 AM, April 27, 2009
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