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To: GST who wrote (86019)12/2/1999 6:34:00 PM
From: Bill Harmond  Read Replies (2) | Respond to of 164684
 
Record high for Nasdaq, bottoming action in Utilities. My bet is the stock market knows that the bond market is full of s@!t.

This same thing happened in late 1994, when the stock market rallied during a retest in bonds, and three months before the final Fed hike.