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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: russwinter who wrote (20801)10/27/2004 12:27:31 PM
From: Crimson Ghost  Respond to of 110194
 
Junk bonds acting very well again. The Fidelity junk fund (SPHIX) now just 1% below its early 2004 peak. and its yield is under 6%.

This supports the idea that we have one more good stock rally left before the bear resumes.