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L/T Bond Yields

By: Charleston Voice


-- Posted Tuesday, 3 April 2007 | Digg This ArticleDigg It!

30-Year Bond Yields continue to shine to the Upside. Even with today's higher dollar, investors aren't moving to buy the long term US bond debt. Rising MACD bars and a SlowSTO crossover two weeks ago giving us upside  direction. A rising wedge will eventually have a breakout either higher or lower, and they tend to break in the  direction they had been heading when the wedge began - - and that was up. We have some resistance at the red horizontal line at about 48.79, the swing high from the 4th qtr of 2005. All of this is precious metals bullish.
 
If investors are moving into stocks from bonds, then why are the gold indexes outperforming the Dow? Eh?
 

-- Posted Tuesday, 3 April 2007 | Digg This Article


This article is brought to you by the Charleston Voice E-mail List. To subscribe FREE to the distribution list, send an e-mail to: bilrum@knology.net with 'SUBSCRIBE' in the subject line.



 



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