Monday Sept 17 2012
Note this comment from the weekend update
So it seems reasonable that stocks may well pull back in the early part of the week. Okay I said that twice, just didn't want you to miss that we said it....
That would be my comment!
I thought I had nentioned 1420 as a possible re tracement level. As negative as I am on bonds our analysis this weekend was correct, the stock market is way ahead of its Moving Averages.
More later I am thinking a pullback in stocks might at least cause bonds to move sideways to up another point here, we could have a double three or something in bonds as they are quite oversold here, note that spx and bonds both over threw their bollinger bands friday.