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Re: Stock post# 31905

Wednesday, 02/20/2008 9:35:26 PM

Wednesday, February 20, 2008 9:35:26 PM

Post# of 51804
Cap'M TNX vs SPX

Those are beautiful charts

Just because the correlation between bond yield and SPX is nearly perfect does not guarantee it will remain so. I think the yield is in the early stages of a massive spike, and SPX will crash. Both attributed to liquidation. On a 10 day chart the TNX yield shows a bunch of stair steps higher. A big Treasury dump is about to take place.

http://www.marketwatch.com/tools/quotes/intchart.asp?submitted=true&intflavor=advanced&symb=tnx&origurl=%2Ftools%2Fquotes%2Fintchart.asp&time=18&freq=9&startdate=&enddate=&hiddenTrue=&comp=Enter+Symbol%28s%29%3A&compidx=aaaaa%7E0&compind=aaaaa%7E0&uf=7168&ma=1&maval=50&lf=1&lf2=4&lf3=0&type=2&size=3&optstyle=1013

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