Rove now found to have been lieing all along. What a surprise, the architect of Bush'es Presidency a bald faced liar! Not a culture of life (not after all the death they are responsible for) but a culture of lies from the far right. No thank you to THOSE values.
That's is what i said on june, 29. We are up 16 points and two weeks later. The "academical" posters at ET talk about randomness of the market, they say you can only predict on short terms ( 30 minutes), they say trends don't exist, they say you cannot predict the futur moves..... Well perhaps they are right, but i prefer trading with systems that make money instead of doing theoretical gymnastics about what, according to the books, might be possible and what might be not. And don't say i did post it on hindsight. I was probably very lucky.
If you look at the 10 year notes chart, you'll see that the notes started their move up in the 3rd week of March. A month after that the stock market started its move up. By your analysis the stock market should have been down during the time when the bonds were up. It did not happen. I'll still short this rally with a stop at 1226 to 1230 depending on your risk tolerance.
Where is John to explain what he's referring to with this 10 year note?? I look at the chart, but maybe my TA doesn't work so well on notes vs. stocks.
Hey...1225 is an intermediate term top! The bird lives! where's the guy who's "very bullish"...sorry, not today!!