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To: joe who wrote (19986)7/31/1998 9:54:00 AM
From: Wayners  Read Replies (1) | Respond to of 45548
 
According to briefing.com, the S&P started trading up a bit while the long bond traded down 6 ticks. There's two bears camps for the stock market. Those that are bearish because of prospects for a slowdown and resulting slowdown in earnings. The other camp is those that think we are headed for high inflation and higher interest rates. Today I think the former camp is larger.