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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: Andrew who wrote (2831)12/3/2003 4:13:13 PM
From: russwinter  Read Replies (2) of 110194
 
It may pass somewhat unnoticed because the Dow was spared (GM and MRK) but today was one heck of a bad ass reversal day in the NASDAQ, Russell small caps, retailers, homebuilders, and momo stocks. Seemed to happen on cue about an hour and half before the close. And those big first half hour rallies (dumb money), and last hour sell offs (smarter money), says it all.

Financials were also spared today, but boy do they look shakey to me too. I think about 4.44% on the ten year is the key level, and then it all goes.
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