• We had a great bounce back in the stock market yesterday, but the internals were not as positive…as they were negative…on Tuesday’s sharp decline.  Therefore, it’s not out of the question that we could see some more weakness before long.
  • The bounce in the bond market yesterday was nowhere near as strong as the bounce in the stock market.  When you combine this…with some of the froth that exists in the markets right now…we are getting ripe for a decline of more than just one day.  In fact, a pullback soon would be normal and healthy…and would actually give the market more upside potential down the road. 
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