Yesterday saw the near-term culmination of the QEII trade. I know, a week late!
Gold, silver and all kinds of commodities went screaming to new yearly, post crash and some even to all time highs. Yet the dollar AND bond yields were UP. Go figure!
This should have happened before the official announcement of the FED new free money gambit–but instead too many were worked up to expect the “sell the news” reaction. Yesterday, almost a week after the news, was the parabolic interday reversal and the post news reaction.
It was all layed out on your bed, like the way your mama used to lay out your “close” in the morning, by me, here, the day before, when we told you that the greatest laggards are today’s leaders. And when the laggards lead, its late in the game. And there will be more today.
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Don’t you mean “clothes” not “close”?
I try to tie everything to the market…:)
Signed up for the trial, the site said wait for email instructions etc….still waiting day later.
You signed up this morning. Stay tuned for my email.
Ok, thanks for responding.
More good calls, hoss…i am still questioning whether we get any real downside here, however. I know this rally is long in the tooth, but this just really isn’t a normal situation.