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Strategies & Market Trends : The New Economy and its Winners

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To: fedhead who wrote (16607)	4/14/2003 11:55:33 AM
From: Bill Harmond	Read Replies (1) of 57684

If these 200-day averages for the Dow (8340) and S&P (881) get breached, then I think the market could be in the clear. Yardeni's valuation work shows a market selling at a discount to bonds. Another sign would be the 10-year yield breaking above its 200-day here (4.05%). Currently 4.03. It seems to me that Israel and North Korea got over some important geopolitical hurdles this past weekend.

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