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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Box-By-The-Riviera™ who wrote (282517)4/2/2004 9:22:01 AM
From: Michael Watkins  Read Replies (1) of 436258
 
Actually the bond market has been prepping for this... that's what the charts have been suggesting after they broke down from a trading range that lasted almost a month.

The upper most trading range was broken - when this happens, and when the range is of any significant length - in any time frame - its time to be prepared that a change of trend is underway.

trendvue.com

Its one of the reasons I decided to get long equity ETFs in a big way last week - I follow bonds very closely.

Conversely, as I've been pointing out since last week, the stock indicies had done the very same thing, but in the reverse direction of course.

trendvue.com

Sometimes 1+1=2 and its that simple.
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