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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (19723)12/28/2004 3:11:06 PM
From: Crimson Ghost  Read Replies (1) | Respond to of 116555
 
Junk bond spreads continue to serve as an excellent stock market indicator. When stocks pull back but yield spreads do not widen -- you can almost bet your bottom dollar that stocks will rebound quickly and hard.