Thursday, November 10, 2011

interest rates, oil, and the economy.

Very interesting action in the stock indexes lately. Big down day in the indexes yesterday and weak action in the long bonds. And oil keeps going higher. (At least until I mention it!)
I can't help feeling that interest rates are going higher from here. Got stopped out of TBT last week, but am looking to re-establish a position as a trend emerges.....
The charts:

If Europe was going to set in motion the Greatest Depression ever, why is the stock market so strong. Markets usually do the thing that fools the most people, because markets are the people all trying to outguess each other.
Control your risk and don't let the market train you into bad trading habits......

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