To: GROUND ZERO™ who wrote (37037) | 8/28/2012 1:23:35 PM | From: chartseer | | | Expecting support at the 50DMA? I wouldn't count on that just yet. I am usually wrong so you can be glad I think completely opposite of what you posted. I will wait to see if the 50dma offers any support. Or if it doesn't. Currently hedged with no particular bias
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To: GROUND ZERO™ who wrote (37037) | 8/28/2012 1:28:19 PM | From: chartseer | | | Here is the same picture from 180 degrees difference. Everything bearish in other picture appears to be positive in this one. For the moment anyway. But hey, you don't want me in your corner anyway because I am most always wrong. You can actually take my opposition as a conformation.
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To: SGJ who wrote (37039) | 8/28/2012 1:56:41 PM | From: GROUND ZERO™ | | | Yes, it's very hard to believe these bonds could still rally, but that's probably why it's a great trade, the long side is definitely not too crowded yet, especially when everyone is looking for a top...
GZ |
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To: chartseer who wrote (37044) | 8/28/2012 1:58:45 PM | From: GROUND ZERO™ | | | Wow!!! And we're right there at this very moment... I wonder if it will break higher or not... I'm going to hold my long bond positions and see what happens... thanks for the chart, it's definitely interesting if not scary...
GZ |
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