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To: austrieconomist who wrote (22431)10/17/2003 3:35:58 PM
From: austrieconomist  Respond to of 39344
 
MZM at 0.4% the last two months. Not a good sign for U.S. equities, no, not at all.

research.stlouisfed.org

But still not detectable in market action by Stack, Davis, Hussman or Lowry's. Russell getting a bit sqeamish but my read is that he is still on balance bullish (for the short term).