JI
jimkane
Rep: 3,058
Posts: 33,089
Yes, I think it is just money flow out of treasuries into stocks. Asset allocation program. The Euro is doing this lock-step, inverse lock-step, no relation thing lately. Very curious. It had a spot I think it was yesterday where it went like tick for tick, then stopped.
JI
jimkane
Rep: 3,058
Posts: 33,089
ES 89-tick 34-per now violated, ZN getting a bid, we'll see. Normal checkback or shift. We'll know soon.
MR
mreiserer
Rep: 110
Posts: 2,220
who knows it may ramp up from here again, but I also see a lot of overhead
MR
mreiserer
Rep: 110
Posts: 2,220
can't believe we filled up seven pages. Who's gonna read this stuff ?:)
JI
jimkane
Rep: 3,058
Posts: 33,089
Yes, first trail hit, watching right here for next trail, then the comparison area we always discuss.
JI
jimkane
Rep: 3,058
Posts: 33,089
Yes, this is chat room stuff, not forum stuff. I'll get back to you shortly on what we discussed before.
JI
jimkane
Rep: 3,058
Posts: 33,089
HOD was also 100% IB extension. TLT really jumped. This will take some real buyers to keep it moving up, and if so, it would take out some 'stretched rubber band' limits, and may really move. We'll see. In a balanced market I'd be getting ready to short. In this only goes up market, any day with strength and I'd rather stay on the long side until the short side can show me something first. Otherwise, I waste time taking stop-outs when I should be taking points.