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Post# of 704041
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chainik

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chainik

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Re: Ace Hanlon post# 341259

Wednesday, 01/05/2005 10:30:09 PM

Wednesday, January 05, 2005 10:30:09 PM

Post# of 704041
<Junk bonds held steady yesterday and spreads narrowed further>

In one of his recent essays, Hussman mentioned very narrow spreads; his conclusion was "This will end badly".

Looks like every piece of data can be interpreted in different ways (g)
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