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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (87998)6/15/2009 8:40:16 PM
From: Real Man  Read Replies (1) | Respond to of 94695
 
This bullish? <g>




To: GROUND ZERO™ who wrote (87998)6/16/2009 2:17:44 AM
From: Real Man  Read Replies (2) | Respond to of 94695
 
I think we need 10-year at 3%, these markets can't handle rates
here. So, we must see a needed correction to shore up the
bonds. 10-yr rates should come down. Note that this
is a bullish scenario, as opposed to a bearish one in
which T-bonds crash and rates soar. 30 bp done (from 4% TNX), 70
bp to go. Stock must go down some. -g-

Europe got some ugly economic data with less ECB intervention,
so EUR/USD dropped and USD index (mostly euro) soared.