5 replies to this topic

[ogm]

This has been posted, but thats what it looks like at the end of this week. If the dollar starts hitting new lows, that definitely not going to help the case.

Market so far is ignoring the issue, but it can't ignore it for long. Higher rates = more hedgehog blow ups and credit crunch. The buyout spree will also be in jeopardy.

This is about to get serious.

[U.F.O.]

ogm, good post. Interest rates already are rising. Mortgage rates have gotten killed over the last 3 or 4 trading days. Stocks can't shake this move in rates off for long. U.F.O.

[xe2dy]

http://biz.yahoo.com...ollar.html?.v=6

"The Bank of Canada is scheduled (to) make its next interest rate decision Tuesday. Economists believe the latest signs of a booming economy and inflationary pressures will prompt the central bank to increase rates for the first time in more than a year."

Edited by xe2dy, 06 July 2007 - 09:59 PM.

[snorkels4]

nasty gap should provide a cushion::

http://stockcharts.com/c-sc/sc?s=$TNX&p=D&yr=3&mn=0&dy=0&i=t45908377622&r=3926.png



but::

http://www.capitalst...st&id=85395.png

[U.F.O.]

Here's your 10yr rate forecast. 6.25% on a bitchin selloff. This is an inverted H & S correction. (1 chart)

U.F.O.

[eminimee]

My opinions here in order of postings if interested:

http://www.traders-t...showtopic=72309


http://www.traders-t...showtopic=72338


http://www.traders-t...showtopic=72366