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To: Eric Wells who wrote (86027)12/2/1999 7:11:00 PM
From: Bill Harmond  Read Replies (1) | Respond to of 164684
 
It could be the other way around, but:

1. A tape like this is seldom wrong
2. The stock market correction has been going on for a long time...about 18 months
3. The bond market is severly under-priced relative to inflation
4. Leadership sectors in the stock market are making all-time highs
5. Oil prices are softening
6. Money is coming into the stock market for the first time in months
7. Large sectors of the economy are slowing
8. The weak Euro will cause further slowing in exports to outr largest trading partners