[RT] Spoo Bear Flag...

["t-bondtrader" <t-bondtrader@xxxxxxxxxxxx>]

Stig et al
 
Here we are at the start of another week and with 
the overnight on the Spoo currently down 13 it looks as if the bear flag is 
going to break out today - whether falsely or not, is another 
matter.   The bonds are only slightly up and their picture really 
looks bearish, which is a bit ominous when the rule of recent times is to be 
divergent with the Spoo...
 
No reports today and the FOMC on Wednesday, but I 
suppose the spectacle of the Democrats trying to cling onto the White House will 
become a factor - but which way is probably anyone's guess.  We all know Mr 
Greenspan runs the economy, but that is all middle term stuff, it really just a 
question of what the big boys want to do to in the very short term before 
Thanksgiving...
 
My guess is down and maybe even the bonds in 
parallel...
 
Bill






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