Zeev's Turnips Patch-No Politics (ZEEV)

[mlsoft]

"bonds.... made quite a run. i have been noticing over the last few weeks that they no longer have as much affect on stock indexes as used to. tehy have about run their course imo and those monies will start to flow to stocks. actually i suspect they already are, giving support to our market off the low on feb 13th.
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Steve...

I disagree - the source of funds holding this market up are being supplied by the Fed with some J6P - the street is going into bonds, as that market is telling you. No new money is coming into the markets at all and distribution is occurring instead. I do not think it can continue for much longer, but will not get too aggressive until it breaks down.

mlsoft