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Strategies & Market Trends : Waiting for the big Kahuna
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To: Qualified Opinion who wrote (79494)2/14/2008 4:39:04 PM
From: Real Man  Read Replies (1) of 94695
 
We'll see. In a currency crisis everything falls. T-s may
fall for reasons not bullish for stocks: inflation, currency
drop, or insolvency of the government (meaning bond default
or excessive printing). I expected more of a rally in stocks.
Higher LT interest rates might be short-term bullish, but
LT interest rates that are too high will be extremely bearish.
Where the crossover from "higher" to "too high" happens is the
question. -g-
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