Posted by mamaduck on 30th of Jan 2012 at 03:13 pm
This is either pricing in the obvious - which is massive
deflation with very little fundamental reasons to support it. Or it
is pricing in War with Iran.
If it is the former, then it is mildly bearish for gold. If the
later, it is extremely bullish for gold and oil.
TLT massive ascending triangle?
Posted by kalinm on 30th of Jan 2012 at 02:00 pm
TLT up huge today. Is that a huge triangle? Also, muni bonds are going parabolic.... how much longer can munis buck fundamentals?
TLT Triangle
Posted by mamaduck on 30th of Jan 2012 at 03:13 pm
This is either pricing in the obvious - which is massive deflation with very little fundamental reasons to support it. Or it is pricing in War with Iran.
If it is the former, then it is mildly bearish for gold. If the later, it is extremely bullish for gold and oil.
Can't help but notice some similarities to late July
Posted by kalinm on 30th of Jan 2012 at 02:10 pm
Between Bonds, AAPL and broad market. Lots of parabolic action in many markets (muni bonds, AAPL) with a flight to safety from euro troubles.