In 1984 T-bond yields soared back into teens, yet the market was utterly wrong and inflation continued to fall for 2 decades. How do you explain that?
I'm surprised the Israelis aren't out singing like the munchkins in the Wizard of Oz: Ding Dong! The Witch is Dead! Ding Dong! The Witch is dead. Which old Witch? The Wicked Witch! Ding Dong! The Wicked Witch is dead. Wake up - sleepy head, rub your eyes, get out of bed. Wake up, the Wicked Witch is dead. She's gone where the goblins go, Below - below - below. Yo-ho, let's open up and sing and ring the bells out. Ding Dong' the merry-oh, sing it high, sing it low. Let them know The Wicked Witch is dead! ---- Lets keep an eye on Saudi Arabia to see what the "Little Rascals" will do next.
======================== I am not trying to provoke anyone or cause volatility; but told my 2 Senators & 1 Represenative ''I hope Israel knows we appreciate thier help in Winning the war on terror'' Doubt if any terrorist could change the long term trend; Steve Nison was commenting on short or medium term candle trend SPX support on Bloomberg tv equivelent of $ 110 area on SPY.[paraphrase]