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4yr chart "Junk over HighGrade Corp


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#1 ronkw

ronkw

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Posted 11 June 2012 - 07:21 PM

Don't have a FF...just thought you'd like to see it.

JNK / LQD looks just like this, as expected....verification tho.

Selling Hi Yield, and buying "Safety"

Held my TWM, TZA thru the bounce and picked up some SRS Fri. and again today. REITs were hit hard(est) in the down draft.
Got a point or two made in GDX and SLV,...will drop them at first sign of trouble.

I see the hourly (possible) inverted h&s...But I'm not the least bit convinced of it, at the moment.
You know what they say about a failed pattern. ;)

Good luck
http://stockcharts.c...39458944160.png