Is Bond Market Telling Something?

Posted by admin

May 21, 2009

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The market have been extremely notorious to both bulls and bears alike in the past couple of weeks. Most of the swing traders/bloggers I know have been sitting on the sideline and waiting for the market to resolve to either side. In all this hoopla, there is something that is making a “quiet scream”. Take a look at charts below and decide it for yourself.

(TLT) (TBT)

TBT, which is ultrashort treasury is having a nice looking breakout and is hovering around the 200 DMA (52). While TLT, which is inverse of TBT is a picture perfect short setup.

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Comments

Comment by admin on May 27, 2009 @ 1:56 pm

Folks,

checkout the bond market action this afternoon…

super action in TLT and TBT.

Also keep an eye on $TNX

-admin

Comment by tony on May 27, 2009 @ 11:14 pm

hello:
if market will go down, which sector is frist and second going down, which sector will be strong hold
thank you

Comment by admin on June 1, 2009 @ 10:32 am

keep a watch on healthcare and biotech related stocks. for lead, chinese tech stocks are in better shape to advance higher.

Comment by tony on June 1, 2009 @ 7:45 pm

today dia run higher but lack volume……?#!

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