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Subject:  Re: Yesterday’s Damage? None to Bonds Date:  5/8/2010  4:48 PM
Author:  pauleckler Number:  30781 of 36400

I note that a 5 day comparison chart for NQS and BLE show that prices drifted downward by 1-2%.

So generally there was a flight to quality issues. But no sign of panic selling.

Frankly I did the same thing with stocks after the market began to look weak early in the week. I decided which ones I was prepared to hold and took profits or sold weaker holdings.

European investors must be fleeing to dollar denominated investments. Treasuries must be their first choice. And what else? Blue chips (but not if P&G and MMM prove to be highly volatile)??
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