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Pastimes : Ask Mohan about the Market
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To: Zeev Hed who wrote (13341)1/23/1998 7:00:00 AM
From: Crimson Ghost  Read Replies (2) of 18056
 
Your scenario makes a lot of sense. But I do have trouble envisioning bonds going to 5.5% if the dollar has finally peaked and global monetary authorities move to reflate. I think you are on target with your bear call, but do have doubts about the strength of the rebound once the lows are in.

George
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