Lane the COMPX is VERY close to turning around. I'm basing that on the Bond Market and the chart of the COMPX:
stockcharts.com[L,A]DACLYYMY[PC10!C30!C50!C100][VC60][IUL14!LI14,3!LH14,3!LA12,26,9!LC20!LB14]
In addition, if the ($TNX) even TOUCHES 50, it would be prudent not to short. I expect some inflows will leave the bond market, and flow into the Nasdaq.
stockcharts.com[L,A]WACLYYMY[PC10!C30!C50!C100][VC60][IUL14!LI14,3!LH14,3!LA12,26,9!LC20!LB14]
stockcharts.com[L,A]DACLYYMY[PC10!C30!C50!C100][VC60][IUL14!LI14,3!LH14,3!LA12,26,9!LC20!LB14]
KM |