The 10 year Treasury yield has dropped over 16% this week and over 8% today. It looks like a mad rush out of stocks and into bonds. Inflation is not a problem the market is concerned about at this time.
Money Flowing from Stocks to Bonds
November 20th, 2008 5 Comments
Tags: Bonds · Inflation-Deflation · Standard and Poor's 500 (SP500)
Long Term A-B-C Correction?
November 20th, 2008 2 Comments
The major bull market range of 1982-2000 is nearing the 50/50 point in price and time. Price is at a 50% retrace in one-half of the time of the bull market.
Tags: A-B-C Correction · Elliott Wave Analysis · Gann Angle Fan · Standard and Poor's 500 (SP500)