YIELD ON 10 YEAR TREASURY A CLUE?

Low in yield as we entered 2009, that actually signalled a bottom was coming in the equity market, as the flow OUT of bonds helped fuel a cyclical bull market. yields topped in 2011 and 2001 has not been a great year for stocks. It has also been a record for volatility.

Just recently yields bottomed BELOW 2009 levels, yet stock prices are nowhere near the lows of 2009. Has the 2001 LOW in yields marked a LOW for stocks?

I'm just throwing that out there, just ONE measure, of course historically rates remain VERY LOW.

Stocks tend to rise with a falling $, EURO ZONE supposedly all fixed now so they dumped the $, gold jumped, oil jumped, stocks jumped.

EWT in many circles are calling this a Wave 2 move, which could rise above 1200 before ending helping to correct bearish sentiment.

This time of year also sets up the usual gaming for the Santa end of year rally. I do NOT see the players accumulating here, neither demand, nor selleres have moved enough to signal a CHANGE of trend away from bear mkt action.....it may in the coming weeks.....I still see this move as a reaction to the new down trend, which will resume when this wave does its job

D