frtaylor - here's a 5 min chart of TNX 10 year with SPX, as you
can see, they are and have moving together, there has been no
change in the bond/market relationship
Posted by frtaylor on 26th of Aug 2011 at 11:01 am
The volume on the pullback on TLT has been lighter than the
upsurge. I took a small short of the market near the highs.
So far so good, but if TLT breaks the 15 min chart uptrend
line, i'm out.
Posted by frtaylor on 26th of Aug 2011 at 10:49 am
Thanks Matt. I'm more perplexed than ever, though.
Everyone says if Bernanke doesn't do QE3 the market will go
down. Presumably "they" would know how the bond market would
react as well (i.e., down too, presumably). I sold my TBT
position, and I am astounded at this move up.
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frtaylor - here's a 5
Matt, or Steve, etc., can you try to make sense ...
Posted by matt on 26th of Aug 2011 at 10:42 am
frtaylor - here's a 5 min chart of TNX 10 year with SPX, as you can see, they are and have moving together, there has been no change in the bond/market relationship
The volume on the pullback
Posted by frtaylor on 26th of Aug 2011 at 11:01 am
The volume on the pullback on TLT has been lighter than the upsurge. I took a small short of the market near the highs. So far so good, but if TLT breaks the 15 min chart uptrend line, i'm out.
Thanks Matt. I'm more perplexed
Posted by frtaylor on 26th of Aug 2011 at 10:49 am
Thanks Matt. I'm more perplexed than ever, though. Everyone says if Bernanke doesn't do QE3 the market will go down. Presumably "they" would know how the bond market would react as well (i.e., down too, presumably). I sold my TBT position, and I am astounded at this move up.