Showing posts with label Bearish Reversal. Show all posts
Showing posts with label Bearish Reversal. Show all posts

Sunday, February 01, 2009

Treasuries TLT - Bubble has been popped up - casualties to follow. TLT, TYX, TNX, FVX, GDX, DXY.


It is not Heaven and it is not safe in treasuries any more for sure. Battle is lost to Common sense, Gold is taking High after High and the only buyer could be Cayman Islands aka FED. Very weak technical picture, TLT could rally if DOW slips below 7500 to retest MA50, but in normal course of things water torture will in drifting lower, filing gap after gap down to August's lows. Casualties to follow, US Dollar will be the first. Players in this market are called best assets allocators in the world - like Bill Gross of Pimco, they must be positioning themselves to Inflation, Negative real rates and diminishing returns in Fixed income. It means more allocated to equities and hopefully for us protection in Gold from Inflation.

Wednesday, January 21, 2009

Panic VIX - even panicking could be tiring. DIA, SPY, QQQQ, GDX, TSX, CDNX.


Very good chance that Mr Market is getting more Greedy then fearful, money Flow from Treasuries will find its way into bargains in equities. One percent of new money coming into Gold means 100% increase in Demand.

Saturday, November 08, 2008

Fear Index VIX is confirming Bullish reversal in the Markets.

So far so good here in confirmation of Bullish Reversal H&S in Dow VIX is staging Bearish reversal in its chart. Less Fear - more appetite for risk, more Buying into Stocks, US Dollar is weakening as "Safe haven" helping to exporters to gain some legs while domestic consumers are underwater. Friday was really important: break out of 70 on VIX could lead to Double Top Retest and self reinforcing selling into the waterfall on Dow. Free White soldiers could be formed - strong reversal pattern, it did not happen with all those bad news - it is a good news.