All of the giraffe and antelope jumped ship late in the session, at the first signs of calmer climes. Treasuries had hit new highs, earlier in the day, only to give way to sellers–as equity markets rampaged higher.
Look at that volume.
This is common practice of both giraffe and antelope, as they are an impatient species, always lured to shore by low hanging fruit and luscious trees. Odds are, treasuries will sell off a bit more into ex-dividend. I will get paid my monthly 26 cent dividend. Markets will return to a state of flummox. The giraffe and the antelope will race back to the ark again. Only this time, I will instruct my oarsmen to strike them about the head when they attempt to reboard.
I took a new position today, which was highlighted in Exodus. It is a quick trade with a global perspective in mind. I am very happy you were able to enjoy respite. But it won’t last–that much I can assure you.
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Back to over-overvalued prices fine with me. Podunk jiggly-belly americans can go back to traversing who’s trading arod and teixeria.
FOR
NOW
Thousands of Irish are donning shark fins on their backs whilst circling the ark and biting the animals at swim.
giraffes are tempted by low hanging fruit?
Big money is buying high grade bond funds while retail investors are selling them:
http://online.wsj.com/mdc/public/page/2_3022-mfgppl-moneyflow.html