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Playing Chicken..


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#1 vitaminm

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Posted 29 April 2008 - 11:17 PM

(the Fed's move) the smart way


http://www.marketwat...mp;siteid=yhoof
vitaminm

#2 jack

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Posted 30 April 2008 - 12:16 AM

(the Fed's move) the smart way


http://www.marketwat...mp;siteid=yhoof


So last nite you posted RYMXX and SPX.
I added $IRX.

How is this relavent? I was reminded about the "truth" of interest rate after looking at last nite's charts.
The setting of Interest Rates is always reactive. Rates are always the egg, never the chicken. Sir Alan
would even try to remind us of this periodically. OK so this is rather self evident to most here. Still, it is worth
mentioning TONIGHT as an addition to the above linked article.