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10 year bond auction results, treasury sold them @ 1.459%... lowest yield they've sold them @ I believe.swayne99 wrote:WOW-what the heck happened on TLT - any rumors?
Sorry, was making eggs for my brood....ClarkW wrote:TraderGirl. What do you think about NUGT? Little move up
[EDIT: adding chart}
It's called "depression economics". As more municipalities go broke they default/postpone debt. The default is if they are allowed to declare bankruptcy. It wasn't the stock market collapse in 1929 that caused the Great Depression. It was an implosion of debt. They are unsure still of what triggered the decline of that magnitude of stocks in 1929.swayne99 wrote:WOW-what the heck happened on TLT - any rumors?
One step further is that the press was ALLOWED to report it! But it is part of the plan of claiming to have been tough on Wall Street. Schools have dumbed down students for many years. An informed electorate, in general, is something Americans are not. But they know the last 5 winner of "Survivor" and "American Idol". And the FCC gave licenses to broadcast years ago for "the public good".agunther wrote:That in itself is not surprising. Surprising is that the press would report on it.SWalsh wrote:Just how corrupt can we get? Anyone going to jail?
FBI warned Labor Department data might be leaked: report
http://www.reuters.com/article/2012/07/ ... 1N20120711
(in part)
"The apparent root cause for the issues driving this assessment is the presence of algorithmic traders in the press lockup facility," the report said.
Thanks TG!TraderGirl wrote:Sorry, was making eggs for my brood....ClarkW wrote:TraderGirl. What do you think about NUGT? Little move up
[EDIT: adding chart}
Think there is a possibility that we are not done with wave iii, could see more down today or tomorrow...then a possible pop for wave iv?? Depends on whether wave 5 is an abc or 5 wave structure...
But IMHO we could see more down next week....
Looking at GDX there is the possibility that we make a new low for wave 5 if that is the wave we are in....it will have to contend with support near the 40.50 area....
ballatines wrote:anyone looking for a huge up after FOMC minute?
brandyjoco wrote:Tradergirl - thanks for the charts on NUGT!