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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: gold$10k who wrote (69797)10/1/2007 7:59:09 PM
From: Crimson Ghost  Respond to of 116555
 
Interesting that VIX held flat today despite big stock market rally.

Also credit spreads did not narrow as they usually do when stocks bounce sharply.

Looks like we are very close to a short-term top IMHO.

But a correction probably will not go far if bond yields continue to plunge every time the market sneezes.