aravindran1

Why you should be buying more stocks now...

Long
CBOT:ZB1!   T-Bond Futures
The chart presented is a Comparison of the 30 Year Bond and the Dow Jones Industrial Average. Notice how the extreme Peaks in bond prices (hitting the upper trend line) starts a strong rally in Equities and also vise versa. Its a good time to buy stocks, and short bonds. With the Feb raising rate some time in the future, I expect bond price to fall and the the next major top can be estimated when the price hits the lower trend-line. Until then the Trend is your friend...The projections made are just estimates based on the average of the two last occurrences of this pattern. Bullish !

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