Monday, September 20, 2010

9/20 12:15

The non-confirmation of this stock rally by bonds is music to my ears.  The last time bonds failed to fall on a sharp stock rally was last Monday, which marked the beginning of a week's consolidation.  This time it should be the kiss goodbye.

11 comments:

  1. are the metals cracking? Would be nice to see everything in sync.

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  2. EWI is bearish on the metals, but if it is sovereign debt that will be crumbling then gold would benefit.

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  3. I would be buying the dollar right here.

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  4. Chart: SPX
    It's done.
    http://www.screencast.com/t/MmU4YTlhNGQ

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  5. Steve,

    Your comment on bonds is VST, right? TLT going up today (TNX going down) is an indication that the stock rally could be on its last breath. TNX has often led stocks over the past several months, so it's possible that it's doing that yet again today.

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  6. Metals are declining today, tomorrow will be EPIC I think

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  7. http://www.screencast.com/users/Gary_UK/folders/Jing/media/255927cd-a5d8-49dd-9cb9-c0f18358769f

    Just saw the same 5 mins blocks on today's S&P, flash crash or similar ahead?

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  8. Buy VXX, it's going to treble in 6 weeks, I hope.

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  9. An eerie silence from the market as it peers into the abyss.

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  10. Copper has been falling since 9am Uk time today.

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  11. No such silence from me of course!

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