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I think you're probably right, but this chart shows just a handful of
occurences. The conclusions are not statistically valid without a larger
sample!
fwiw, phil
----- Original Message -----
From: Earl Adamy <eadamy@xxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Friday, March 31, 2000 5:08 AM
Subject: [RT] Market outlook 2 of 2
> Historical SP Earnings Yield / TBill Ratio chart attached.
>
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