Wednesday, November 3, 2010
Post Fed Update
This is not exhaustive, but the one equity that is really moving and not bouncing around are the treasuries which yesterday I showed the very negative divergence in the treasuries. Here's TLT-one of the equities that 3C showed big distribution in.
6 comments:
$600 Billion is going to disappoint most.
So what does the BIG distribution in TLT mean?
Means TMV is up almost $3 since the announcement.
It means those that emailed me and took a chance on the trade are in the $$ right now and the bond market is not to happy with the Fed.
Is 3C showing more accumulation in TMV?
It looks like it'll get an intraday pullback, but the most important charts were the daily charts I posted yesterday, that's where the big action is. Short term maybe a pullback intraday, but the 5/10/15, etc are moving up
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