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To me the charts say that a very long term downtrend in spreads has
been broken. This together with the trendline breaks and other trend
change measures in the equity indices suggest that this is not just
another blip down in the bull mkt since the 70s. But remember these
are very long term charts...each bar is a year. C
--- In realtraders@xxxx, "wavemechanic" <wd78@xxxx> wrote:
> Chris:
>
> Are the conditions that created the '30 bubble operating today,
thereby implying that the interpretation of the current rise is the
same? If so, what actions does this suggest for bond/equity
investors?
>
> Bill
> ----- Original Message -----
> From: Chris Cheatham
> To: RealTraders
> Sent: Friday, August 16, 2002 10:46 AM
> Subject: [RT] RE: Bond Bubble?
>
>
> My credit spread charts...C
>
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