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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?

To: catflu2™ who wrote (19757)4/20/2005 3:08:10 PM
From: t2  Read Replies (2) | Respond to of 207242
 
What I don't get is how the 10 year bond yield does not increase based upon the Beige Book. I thought stock valuations are dependent to a large degree on the 10 year bond yield.

Something just does not make sense. Bonds should be selling but they are not! In that case stocks should be in rally mode.

(i guess maybe we need that wall of worry to climb)



To: catflu2™ who wrote (19757)4/20/2005 9:06:12 PM
From: Runomo™  Read Replies (1) | Respond to of 207242
 
Hey Cat,

rather than meawoing about my sweet sis, who btw is a lovely gal, why don't you just tell us what the market will do tomorrow :)

IBM, a real drag on the market, is sporting a runaway gap and it's within a half a point of satisfying it's objective.

Da Naz, on the other hand..... almost filled it's Friday gap fully today, which is a relief, so odds are that it's an exhaustion gap imo.

Mo


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