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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?

To: NOW who wrote (15882)	2/26/2009 6:16:57 PM
From: morokko65	2 Recommendations Read Replies (2) \| Respond to of 50725

Looks like a 100 bip pop in rates is on deck, to 4.5 on the thirty and 4.0 on the 10 year might be the trigger for SPX 650 and Dow 6200: stockcharts.com[s87136045]&disp=P 1998 lows trended through 2002 lows takes us to low $6,000s on the dow, plus a spike throwover of 5%+, is the scenario I'm looking for still think LT we see mid to high $3K range on the dow (maybe parity with $POG at that point), but I think 2009 will see a major counter trend rally within a couple of months.