This is a very bullish development for stocks, as those bond proceeds must be reinvested eventually, perhaps today? POTC is convinced that we will soon see a massive short term bear rally.The Psychology of the Call Team.
Saturday, July 12, 2008
Friday afternoon's observation
The 10 Year Treasury Note is signaling a dislocation in the market. The yield has risen to 3.91% as of 1:15 pm ET.
This is a very bullish development for stocks, as those bond proceeds must be reinvested eventually, perhaps today? POTC is convinced that we will soon see a massive short term bear rally.
The Psychology of the Call Team.
This is a very bullish development for stocks, as those bond proceeds must be reinvested eventually, perhaps today? POTC is convinced that we will soon see a massive short term bear rally.The Psychology of the Call Team.
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I agree with your analysis. The proceeds from bond sales always find their way into stocks. As we see the selling of bonds continue Monday, stocks could soar. Keep educating the masses, I know this stuff from decades of experience, and I'm always amazed at how few stock investors pay attention to bonds during the day. That's all.
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