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techcharter

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techcharter

Re: None

Wednesday, 05/07/2008 8:41:19 PM

Wednesday, May 07, 2008 8:41:19 PM

Post# of 51820
7 New Lows on ABX Mortgage Index.

And these lows occurred when the better bonds were topping.

The best AAA dropped hard today with stocks after a zigzag rally out of the March 17th low. I'm finding this to be a helpful indicator of larger market turns. Market goe down the next 2 to 6 months.
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