Monday, May 28, 2012

Bonds are way overbought


If that chart did NOT have the words "Bonds, treasury, note" on it, I would have told you, buy, buy buy!
Clear uptrend, breaking all key resistances ....
But !!!! We are talking about BONDS here ... not internet stocks !!!!
Gut feeling says price could spike up and fall hard ... sending most global indexes back up.

1 comment:

Felipe Lou said...

let´s see if we start to see the light at the end of the tunnel in stocks.

Hopefully a bounce is coming.

Cheers MOise