Bonds hard hit…

Bonds hard hit…

Suggested to “score on defense” buy purchasing TBF, in the chart below, one week ago today (see post here).  Wow, what a difference a year makes, as Govt bonds have been “HIT HARD!”  CLICK ON CHART TO ENLARGE CLICK ON CHART TO...
Govt Bond update

Govt Bond update

  Suggested to score on defense, by selling TLT and buying TBF at (1). (see post here)  TBF rallied (since the time of suggested pruchase) almost as much as the 500 index did on the week, reflecting that opportunities present themselves in many...
Dollar acting heavy

Dollar acting heavy

CLICK ON CHART TO ENLARGE Have been making the case the past couple of days that the Dollar index was up against resistance and the patterns suggested it would take a breather (see post here)  Now UUP is looking heavy.  A decline in the Dollar should push...
Attempting to score on defense…Govt. Bonds

Attempting to score on defense…Govt. Bonds

  CLICK ON CHART TO ENLARGE TLT has rallied just short of 5%, from the bottom to the top of the falling channel. TLT is at the top of the falling channel as the Dollar is up against key fibonacci resistance (see post here) and the 500 is on key support, while the...
Fine line of support for the 500 index

Fine line of support for the 500 index

Suggested to “score on defense” the morning of the big rally(11/18), which happened to be the day of the General Motor’s IPO (see post here).  See below for an update of the price action since then. CLICK ON CHART TO ENLARGE 500 index is nearing...
Can the U.S. Dollar clear another hurdle?

Can the U.S. Dollar clear another hurdle?

 CLICK ON CHART TO ENLARGE U.S. Dollar has rallied a little over 6%, since bouncing off of rising support line, highlighted in this post (see post here).  This rally has caused the usual challenges, some softer international and commodity prices.  The...
Crude Oil…Kiss Goodbye?

Crude Oil…Kiss Goodbye?

Sending a “KISS GOOD-BYE” to Crude Oil?  Large declines often take place when…support breaks, then a rally takes place to test the old support as resistance, “on the underside.”  Could this be taking place in Crude oil...