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To: The Freep who wrote (63397)1/10/2003 3:46:49 PM
From: Shack  Respond to of 209892
 
Sorry Freep. just looking at early Monday here. The point being for those thinking we have seen the highs in equities for this move it is unlikely if we get another high in yields next week, especially the way we have come off the top today in equities which looks clearly corrective so far. Certainly good ED potential in tech.

BTW, the TYX is going to run into some resistance at the dt line off the October yield highs. Boy I wish I knew if that entire mess in bonds off the Sept/Oct lows was a completed triangle correction, I think that would be the best clue for the next major move in equities.