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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Qone0 who wrote (82367)	10/24/2023 11:02:06 AM
From: Lee Lichterman III	2 Recommendations Recommended By ajtj99 towerdog Read Replies (2) \| Respond to of 97925

10 year yield was stuck in the 3s for a long time. She should have loaded the boat then she could switch to T-Bills now after long rates have gone up and waited for them to come back down. I'm no bond trader but this just seemed obvious. Now she's paying, we're paying higher interest for 10 years as she ramps up. If Biden loses and we get someone in with some fiscal discipline, they are going to be stuck with high interest payments weighing on the budget which will require extra cuts right when the recession is going to need stimulus spending. The next poor guy is going to be screwed no matter what they do. I'm feeling strange today so I made my allowance and am going to knock off early. It seemed like a straight forward grind up day following a straight channel from the open 1.6 deviation wide just continue it to each high point until it gets too wide then will probably have to decrease width to 1.3 and then 1 if it follows my usual routine.