Stick to your index funds, BGR.You should never attempt trading. You'll lose your shirt and house since you are unwilling to learn and cannot admit you're wrong.
The bond market is a very efficient processor of information but is not prescient. As a dilettante of efficient markets you must recognize that new information occurred today that altered the supply/demand equilibrium. Bonds sold off into today, correctly anticipating the highest inflation monthly rate in nine years. Of course, asset allocators, please study up on this term if you don't understand, adjusted their exposures given the increased odds of tightening by the Fed and the selloff in the equity markets. For further study, read Greenspan's speech from last night over and over and over.
Now, your apology to me this morning was a small step in the right direction. But with the above post, and continually throughout the day, you've demonstrated beyond all doubt you're still a JOTTý. Thus, you've taken only part-of-a-step forward and several leaps back. You taunt and diss others while providing no information, no links, no humor, and offer mostly inane, rhetorical questions most high school students would be ashamed to ask. Are you old enough to drive a computer???
I will not post to you again until some improvement occurs. Please consider again not posting at all on this traders' Thread. You're embarrassing yourself. Now you know.
|