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Vanguard High-Yield Corporate Message Board

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  • derrillp derrillp Feb 12, 2010 9:32 AM Flag

    Is the party over?

    It doesn't matter what the quality is. The seed of worry has been planted and now it is starting to grow in earnest. The exit doors are wide open and money is flying out of junk. BUT it does mean a terrific buying opportunity similar to March '09 IF one is able to get in at the bottom. Whether that's $4.50 or $4.95 no one knows. I'm out now and just watching it crash.

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