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It's been the case, that even if bonds break (form an intermediate term top),
the Dow will only due so a bit later. So, even if bonds have peaked, you may
get a rally in bonds from their first trough, and the Dow will probably climb
to new highs during the same - if not earlier, in light of its resilience in
the face of recent Bond action. I look at Friday's action as the first crack
in the dam, but the damn won't break until further down the road.
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