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techcharter

08/16/04 7:35 PM

#3224 RE: HD28 #3219

HD bonds:

Nice long term chart.

That chart indicates another corrective wave in yields could evolve over the next 12 months. Bullish

There is another possibility. The recent highs in the yield broke the upper trendline since the generational highs in the early 1980's. Bearish