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techcharter

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techcharter

Re: None

Friday, 06/03/2005 9:09:52 AM

Friday, June 03, 2005 9:09:52 AM

Post# of 51809
Who's watching 10 yr Tsy bonds.

There has been a nice breakout of a multi year triangle in the 10 yr Tsy. The media is treating it like chopped liver. It is turning out to be a very strong rally to retest 5 year lows as expected using elliott wave guidelines.

I'm interpreting this bond rally as a leading indicator of a major shift toward risk aversion in stocks.
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