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OldAIMGuy

11/05/06 2:04 PM

#21273 RE: Firebird400 #21272

Hi Ken, Re: Inverted Yield Curve..............

Generally it's not been a good omen. While it's not been heavily so this time around so far, it's been nearly flat for some months.

Short term Yield is high enough that in combination with current P/E isn't healthy as I mentioned in this week's Newsletter.



It seems adequate reason for caution here.

Best regards, Tom