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How can this market bounce?


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#1 rkd80

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Posted 12 June 2007 - 09:46 AM

The bonds are getting smacked in a relentless fashion and Jaws of Death is definitely at play, however for all those that are expecting to find a bottom and then launch off to new highs.....how? Unless in a few weeks time yields have retraced back of what they gained we might never see that parabolic move up that people are so eagerly anticipating.
“be right and sit tight”

#2 Mr Dev

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Posted 12 June 2007 - 09:57 AM

It can always be pushed up with little "Inspired" SHORT covering rally !

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#3 rkd80

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Posted 12 June 2007 - 10:00 AM

It can always be pushed up with little "Inspired" SHORT covering rally !


And in a down-trend we know what the result of that is (i.e Friday->Monday)
“be right and sit tight”

#4 Woody

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Posted 12 June 2007 - 10:23 AM

Although IT it looks like bonds are entering a Bear Market, st they are oversold and a short term rally could coincide with a bounce in equities and likely a drop in the dollar and maybe a bounce in Gold

#5 Mr Dev

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Posted 12 June 2007 - 12:51 PM

Dang shorts on the Qs when will they learn?.... never?

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Mr Dev

......trading is basically a simple operation, but you have to be a genius to understand the simplicity.
.....timing,..... is ....everything !
... remember no guessing visit MrDev!

#6 Mr Dev

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Posted 12 June 2007 - 02:22 PM

But the Bulls where to fast.... to come in ... and the short that covered said......why did I do that? So they are coming back...for now,....to push those early bulls to exit while convincing some extra bull from two - three days ago... to maybe play it safe! This is getting better towards da - close. I may not have to give anything back..... whopy!

.. .. ..
Mr Dev

......trading is basically a simple operation, but you have to be a genius to understand the simplicity.
.....timing,..... is ....everything !
... remember no guessing visit MrDev!