There are heavy games afoot. We can expect a blow off top, exhaustion gap, Bronto death swing, what have you. Or maybe that double push up was enought to shake out the hobby bears.
Bonds are going Ape, check TLT
Currencies are moving in sometime non-correlated fashion.
And the McC showed a small move on Friday the 13th! That means a big move coming although we don't know the direction.
Indexes getting thrown around like a ragdoll your dog is playing with.
ReplyDeleteYeah and I got a big dog
ReplyDeleteI assume that that is your big beautiful german shepherd, awesome dog.
ReplyDeleteI posted picture of my 2 Shepherds on post above.
ReplyDeleteMaui Land & Pineapple up $.06 1.45% today. I'm telling you this is going tobe a gem in the red dirt for me. Just waiting for it to fall into my $3.31 buy box. Thanks for the comment.
ReplyDeleteAloha
Jay
Steveo, wow what a beautiful pair!
ReplyDeleteThanks, I do think they are world class. But they are medium haired, so we cannot compete AKC. They are registered AKC, but cannot compete.
ReplyDeleteFeel free to link back to your blog whenever you wish,
ReplyDeleteI think trade picking can be better than trying to outguess the indices these days!
I'm kind of thinking that huge move in the 30 yr and TLT feels like a blowoff. 30 yr move totally out of proportion to 10 yr, just insane. so, I wait. wouldn't be surprised to see a fast and fairly sharp correction in treasuries starting any time now....
ReplyDeleteIs there any ETF that replicates the 30? Or do you know a ticker I can use in TOS or Etrade or Interactive Brokers?
ReplyDeleteThe PRS133 tends to catch the blowoffs in the act.
I can imagine the HBB brokers telling their clients.....psst....its time to get out of stocks and into bonds!
/ZB in TOS is 30 year treasury futures
ReplyDeleteHave you traded it? any liquity, amount to watch for stop hunting scenario....looking for blood, not my own? :)
ReplyDeleteI don't normally trade treasuries, so I don't know. Although, I was very close to taking a small TBT position today betting on a bounce in equities. Dark trades treasuries (and fairly successfully, from what I've seen) -- he may be a good person to ask :)
ReplyDelete