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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (8579)11/29/2005 8:48:15 AM
From: Real Man  Read Replies (1) | Respond to of 12411
 
It's interesting how a few bearish things align with the spiral,
1) flat yield curve for t-bonds, 2-10 years maturity
2) record commercial short position for SP500.
3) record overbought condition for the NAS100 (Late 99 is the
last time it was that overbought)

It seems very unlikely that we really break October lows,
but I'll be surprised if the new down spiral is broken quickly,
and does not run for a few weeks.