END OF DAY TNX

*Welcome to all my new readers, let's enjoy the journey together and seek truth, eyes wide open. I LEAN BEAR (nahhhhhh) but am open to any opportunity. WHAT we MOST want is to avoid the BIG HIT! Like in 2001-2003, I was yelling loud and clear on Raging BUll back then and many did listen.

We don't have to run from ANY market, it's all about allocation and reallocation, and sometimes getting OUT near 100% to CASH!

Back to TNX I can't always go 100% focus here so Ionly just plotted this out. we hit the 61.8% FIB retrace from the 2005 HIGH...within a smidge of it.
had I grasped that little ditty, I would have swung into 5 or 10 years to some extent, BUT andmy analysis bears it out as to POTENTIAL JOB DATA UGLINESS FRI...
....the chart does NOT entirely bear out a long position, the conundrum!

But the pattern of the stochastics as you might observe has been consistant at each top, as it is now.

My guess is that trend is still UP for yields, but tomorrow yields will fall hard, IF we get our miss.

It will show up in the NET BIRTH DEATH, could they ADD JOBS INSTEAD? yeah! but they didn't in 2004, and if they don't in 2005 look out.....

How will market react?

SELLOFF very liekly, but you know these days, will the wise guys now think FED will stop raising rates? hence bullish to them?

FED knows of NET BIRTH DEATH.

If you put $100K in 10 years at 4.3% and the yield fell to 4.1%, you would make $2K on principle, and have some protection to your yield.
SO it's not SO much about PROFITS for most of us, it is about getting into something safe while protecting principle.

Those who bought at 2005 top have that!

Duratek