SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Idea Of The Day
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: JDinBaltimore who wrote (29871)12/1/1999 9:36:00 AM
From: IQBAL LATIF  Read Replies (3) of 50167
 
TYX spike before NAPM indicates market uneasiness with continued economic strength, what bond market which is smart money is telling us that they expect if strong numbers to continue a continuation of Fed tightening stance, now it is neither a vote of no confidence on policies or news tilt nor a clear sign of lost of interest in equities but if Fed will increase further than we are not sure how many increases we will see, a economy that gains strength on three increases may not cool with further three.. that is what the uneasiness ofthe global bond marekt is all about.. for me we may see new lows on bonds and as I have highlighting for last two weeks bond yields cannot be ignored..however if we see market slides too 1318 ish area the fear of bond market will subside as 'asset inflation' will be quite addressed with this kind of steep selling from 1428, notwithstanding that we should not forget that 1428 is a classical double top but we have seen news highs on retreats from double tops and for me the uptrend is intact until 1242 is out..so I am not concerned with the uptrend at large-- correction I would love it who would not if you have gone out of your major positions at near top or a week earlier.. but for me 1428 is important and until that is out no way I am playing this market long inter day may be some inter support resistance play but at certain point bonds will reverse as asset inflation fears are discounted.. bi take care
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News