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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To: penthouse mike who wrote (37049) | 8/28/2012 2:26:04 PM | From: GROUND ZERO™ | | | No, I think time is running out for the downside right now... it could still work lower, but in a few more days we could already be looking for a buy signal... curiously enough, this sideways action could actually be the pull back itself... and if so, then the next rally could be a whopper... it's still too soon to tell, but I'm willing to bet on it and stay long...
GZ |
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