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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: dennis michael patterson who wrote (48652)4/13/2004 4:32:55 PM
From: Michael Watkins  Read Replies (2) of 52237
 
Some sectors selling off makes perfect sense. Especially those whose valuations moved up big relative to their yield.

The bond market has been selling off big since an Island Reversal was set by the march 26 breakdown.

Of course, tech doesn't pay yields and valuations don't matter, so its a buying opportunity ;-)
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