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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: DebtBomb who wrote (26269)1/12/2010 1:36:07 PM
From: Real Man1 Recommendation  Read Replies (1) | Respond to of 71442
 
The 30 year Treasury bond looks technically very sick. They might
bounce it off neckline, but this sure smells like a crash could
come to town, and soon. Imagine what 7% mortgage rates will do
to "housing recovery", with the whole housing market hanging on
government loans only.

I'm not suggesting to do anything, just watch these levels for
the 30-year bond. They are very important.