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Strategies & Market Trends : Natural Resource Stocks
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To: isopatch who wrote (22650)3/10/2005 4:02:08 PM
From: croesus1111  Read Replies (1) of 108759
 
Opinions? OK, here's one: I'm gonna take a contrary view and say that the broad market is going to decline from here. I think the increasing yields on the long bonds are a response to perceived inflation. That inflation will get worse and become more obvious as time goes on. I think it will trump liquidity in the stock market. The first blow was already struck yesterday.

However, I don't know the timing on the next blow(s). So, Iso, you could be right about a climb into May. However, I'm cutting back all my long positions, except for PM's.

Good luck to us!
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