Wednesday, November 20, 2013

Assets TAPER ON / QE OFF

I haven't even had time to read the minutes, but I have an idea what they say, raper soon.

Check out the QE sensitive assets and remember there's still the initial knee-jerk move to consider.

 TLT Treasuries down

10 year Treasury futures down

30 year T futures down

the $USDX straight up

And the SPX/SPY down.

A perfect TAPER ON reaction. However, lets not react emotionally, let the dust settle and work from objective evidence.

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