Hi Jay ... Hmm your looking at now what I've been looking at and as you can see its becoming dangerous. As mentioned previously 120 is the line and if you look back at where the market was in july , you will notice it was around the 1100 area. Fund or funds what this closely and will switch funds from equties to bonds if 30 year ticks under 120.Many wont understand how it works and why but its all about limiting risk.
Monday will be a blow off I think as we are going to close above the 1235 Dec and even the March looks like it might right now. Mondays blow off should be good suck all the bulls into this fluff rally and then the grizzly bears will jump out of hybernation on tuesday. that my read on my work hope it helps Cheers
Mortgage rates also rising
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Hi Jay ...
Hmm your looking at now what I've been looking at and as you can see its becoming dangerous.
As mentioned previously 120 is the line and if you look back at where the market was in july , you will notice it was around the 1100 area.
Fund or funds what this closely and will switch funds from equties to bonds if 30 year ticks under 120.Many wont understand how it works and why but its all about limiting risk.
Monday will be a blow off I think as we are going to close above the 1235 Dec and even the March looks like it might right now.
Mondays blow off should be good suck all the bulls into this fluff rally and then the grizzly bears will jump out of hybernation on tuesday. that my read on my work
hope it helps
Cheers
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