Wednesday, November 10, 2010

SELLING RETURNS

81% DOwn volume TUES was hint selling came back into the market, this increases the potential for more short term losses, the US $ inexplicably has rallied in the ST.

Rates on the 10 and 30 yr bonds have been rising, this is not what the FED's end game is about, makret forces in the ST are exerting themselves......housing has been senistive to even miniscule increases in mortgage rates, this development is a net negative.

D

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