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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: westpacific who wrote (51115)1/24/2006 6:12:09 AM
From: Mike Johnston  Read Replies (2) of 110194
 
Great charts and comparison, rising wedge is very bearish, it looks like we even might have had a bull trap, a false breakout above the upper trendline in the SP500.
Resumption of weakness in the dollar, geopolitics, high earnings expectations, oil pushing 70, upcoming debacle in the housing market could all be potential catalysts.

Last friday could very well be the warning for the bulls ( and put sellers )

Stock market, bond market, housing are all accidents waiting to happen.
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