18 replies to this topic

[U.F.O.]

We're in the process of rising interest rates and falling equity prices. Bonds got smoked today. They will continue to get smoked for a good while. Sub-Prime mortgage problems will continue...for a while. For now...be short the bond and stock markets. There is no joy in Mudville. (3 charts)

U.F.O.

[SemiBizz]

It was light volume though, so we had a bullish spring off the test of yesterday's low. However we violated the high of the previous wave, so that's no good. I'm expecting a test of the 2662.55 from yesterday's high and we'll either give it up there on light volume or just continue the bearish upthrust and make a new high. I look at yesterday as a rehearsal for the reversal that's due in the next 2 or 3 sessions....

[da_cheif]

geeziz.....i cant believe what im hearing sometimes....sigh

[U.F.O.]

You wanna see where your 10-yr T-Notes are going? Major correction to a 6.30% yield. Book it. Off a major inverted head and multiple shoulders rate bottom. (1 chart)

U.F.O.

[Rogerdodger]

If we go down from here it's bearish. Up is bullish. It's all about direction. I think.

[U.F.O.]

cheif (misspelled) Alias. Most people here could care less when you sigh. U.F.O.

[da_cheif]

ask greenie what i think about bonds........been short for a long time......whadya think happens to rates during an economic boom eh......

You wanna see where your 10-yr T-Notes are going? Major correction to a 6.30% yield. Book it. Off a major inverted head and multiple shoulders rate bottom. (1 chart)

U.F.O.

well at least we agree on the path of rates

[U.F.O.]

I don't have to ask greenie (or anyone) what you (or anyone) think about bonds...stocks...or anything...for that matter. Just tell me directly why you don't agree with anything I post and we'll discuss it. If not, I'm not looking for a concensus opinion on my charts. Never have...never will. I respect your opinions on the markets and always have, but don't use "heavy sighs" in response to your market opinions on what I post. I'd offer you the same courtesy. TU. U.F,O.

Edited by U.F.O., 11 July 2007 - 09:31 PM.

[da_cheif]

>I respect your opinions on the markets and always have<........ya rite.....SIGH

[U.F.O.]

Sigh...also...BUT personally, I like you and wish I could have had the chance to work with the people you have over the years. I got stuck in the world of Mortgage Backed Securities and have had to dabble in stocks with the charting skills I learned trading MBS. I also learned along the way not to be an A-Hole to people I meet. Best thing I ever learned. You might want to take the course? Best. U.F.O.