Safe Trading Blog

Our recent view calls a gloomy market…

http://www.safetradingblog.com/stock-code-trading/sp-500.html

Bonds are performing on weak economic news. We maintain the view: the bottom still need to be resolved before all. Some technical triggers are getting more favorable in some corners: Health Care sub-index for example… Check the T-Bond 10Y index versus the SPX: Once we will face a break down of SMA50 for this ratio, it will be the proper time for a long and safe call on Stocks! But not now…

This entry was posted on Friday, February 29th, 2008 at 5:15 pm and is filed under Stock Code Trading, US Markets, non-US Markets. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.