Replies to post #36966 on Zeev's Turnips Patch-No Politics (ZEEV)

[jdaasoc]

I continue to see this as a manufactured rally, sponsored by the PPT.

I see this rally as primarlly a bond selloff indiced rally that has a big upside potential. 30 yr bond was at 4.6% and now at 5.1%. Looking back at last 2 years, 5.8% is peak level reached when equities peaked.

Market will be much higher if that occurs.

Two Questions

1.) is 5.8% long bond and higher equity prices a given

2.) how outlandish will be the nifty 50 be priced. So many zombie stocks are not going to rise above $5 in this move.