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Strategies & Market Trends : Classic TA Workplace

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To: Patrick Slevin who wrote (140674)	1/27/2007 7:53:03 PM
From: John Pitera	Read Replies (1) of 209892

Patrick, a volatility has been picking up in the FX market and US Bond Market, typically a precursor to a sell off in equities. The volatility picked up markedly in the currency market in the two months preceding May 10 2006, the spring top before the last global selloff. The credit environment is deteriorating, which is bearish for stocks. John

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