InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,436.44
(
-0.50%
)
US TECH 100
18,219.60
(
-1.81%
)
Dow Jones
40,743.33
(
0.50%
)
Brent Oil
78.55
(
-0.76%
)
Bitcoin
66,292.20
(
-0.80%
)
Post# of 51819
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

techcharter

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

techcharter

Re: None

Sunday, 08/10/2008 11:18:33 PM

Sunday, August 10, 2008 11:18:33 PM

Post# of 51819
ABX Index down hard on Friday.

The ABX index I use as a guideline fell 1% on Friday despite the spectacular equity rally. This is a non confirming indication. When a bond enters junk status, it trades like a stock. To me it hints equities are coming unnder pressure this week.
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) 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