the 10000 hour stare

来源: 2010-11-23 08:40:14 [博客] [旧帖] [给我悄悄话] 本文已被阅读:

I guess it's useful after all lol.

this is the 'after shock' on the equities, as well as the US dollar.... I thought the bonds would have an after shock as well, but it's not happening right now.... prolly due to 'flight to safety'... meanwhile JNK and EMB (emerging bonds) are getting killed..... EMB seems to have another sizeable leg down to go. Euro has a classic break out failure pattern, where it dropped back, then below the congestion.... all those trapped will cut loss to push it lower. The US dollar, after 3 days of shallow pause, is now on it's 2nd leg up.... a classical logical scenario (if it can't go down, it has to go up).

looks like the equity drop may continue after the holidays, then will F around for a while before resuming the up trend.... the big boys are gonna shake this tree pretty hard, to make sure no happy drunken monkeys are on the choochoo.