This was the thrust of last night's post, VXX was very useful.
However, let me say, although I think we do get this bounce we have prepared for, I WILL close these longs at the first sign of a reversal, short entries in the trading portfolio as well as add-tos in the core positions will follow.
HYG is up, but no support. This is one of the things that looks like a fingerprint of the "FIX".
Is interest rates about to start going up?
-
Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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