The New CS Board

[ahimsak]

Took a loss on tbt today. Futures sunday on bonds said i would be in the black today, but by this morning, bonds were rallying again.

I dont trade this kind of market normally, and in a few months, tbt will be shining, but short term, this is a set up for one more nasty drop before we rally, if we rally.

bottom line: Most short term indicators have turned up, but i dont believe it. Bonds rallying makes no sense, other than flight to quality. We are bumping up a falling 50dma on the spx, so another leg down, at least to the rising 21dma makes the most sense short term, but when is the market logical?