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To: james ball who wrote (8194)10/3/1998 7:44:00 PM
From: Les H  Respond to of 34811
 
Declining rates is more indicative of deflation. Everytime, the Treasury Yield Index (^TYX) starts a downleg, stocks go into a correction: Aug-Jan 97, May-June 98, and July/Aug/Sep 98.

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