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Replies to #1997 on The TradingEdge
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blacktruck

08/27/10 10:40 AM

#2004 RE: jxyzobrien #1997

Jerry:

This will make for a decent discussion sat morning...naturally as a forker I have to ride with them......as TLT was at top median line limit it has to gap out to continue higher.....coupled with TNX hitting its median line on damn near a straight line bombadier style drop on a longer term 60 and the USD/TNX ratio chart being at its median line.......its a duck thing with me...you know if it walks like a duck ...quacks like a duck.....swims like a duck...its generally a duck...to add fuel to this...the SPX consolidation is an edt and is about finished...


futures fell out of first upward based fork ( ZN)




TNX this morn..up nearly a point..




TLT weekly showing big ole wick..



but the biggest quacking duck of all is the consolidation in the ES...now I may have to eat crow this afternoon but I'll post now cuz the quacking getting o loud here I may have to leave... <grin grin grin>




Please accept my disagreement with all due respect...