InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
6,008.22
(
0.21%
)
US TECH 100
20,549.60
(
-0.08%
)
Dow Jones
44,338.11
(
0.79%
)
Brent Oil
71.62
(
-2.84%
)
Bitcoin
84,169.55
(
4.59%
)
Post# of 51872
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

techcharter

Send PM Follow Ignore
Followers 24
Posts 2281
Boards Moderated 0
Alias Born 06/03/2004

techcharter

Re: None

Thursday, 09/20/2007 4:52:29 PM

Thursday, September 20, 2007 4:52:29 PM

Post# of 51872
10 Yr Treasuries Mjor Trend Reversal.

Bonds sold off really hard today. The intraday charts show many degrees of wave 1-2 combinations that the next few days will be a bond bloodbath.

It's not only the threat of the FED pumping more dollars into the system, it's the fixed income funds trying to sell anything of value to cover their expected mortgage losses. The FED knows that if one mor e week of bailouts doesn't work, then just write the FDIC checks. That would be a problem too. Where would people deposit them? In another bank that's about to fail?

http://stockcharts.com/h-sc/ui?s=$tnx&p=D&yr=0&mn=6&dy=0&id=p75635173805
Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up