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dapro

11/13/10 5:17 PM

#1046 RE: hanksterr #1045

Keep an eye on TBT. JMHO
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SyndicateTwo

11/19/10 6:41 PM

#1055 RE: hanksterr #1045

The volume is irrelevant in index ETFs because they are derivatives of larger indexes.

The trade clearly hasn't worked out as planned as when I got into the trade the bond was clearly looking to break out and making a great weekly chart setup. But now since Direxion added that damn 7 year to the mix, it's held us back.

But now things are starting to look up. I'd give it until next week because next week should be a pretty good up week which means much of the money that's been in bonds is now coming out to come into the stock market which should send the 10 to at least possible 3% next week, getting TYO to that $45 to $48 level possibly next week. After that, things change. I'll explain in the email.