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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Fiscally Conservative who wrote (1070)	4/17/2014 6:03:51 PM
From: CrashDavis	Respond to of 26769

"So will say here and now that the chart does indicate a Buy here. In fact, the chart indicates fear and a Sell" I'm not sure exactly what you mean - if there was a "not' supposed to be before "indicate" My point in the post was relatively short term, but I could tell something was going on this morning when bonds fell and RUSL (and YNDX) rallied at the same time. Obama's press conference around 4 PM confirmed my suspicion. But I do think that there is a limit to how far bonds can go on the upside and they are vulnerable if events calm down in Ukraine. I'm a technician first, but I try to pay attention to what the news is and how I think markets are reacting to the events. In this case, I think part of the rally in bonds (and some of the decline in stocks) is fear. I don't think things are going to get worse in Ukraine, so I am lightly short bonds, hoping I am right. But mostly I trade stock indices and am looking for signs of fear abating and a trading low.