Friday, January 9, 2009

TNX

TNX which can give some insight to where the market might be heading. But the technical's are conflicting, with a possible Bull Flag on the price chart and technical indicators showing sell signals. If the bull flag fails, it will indicate more flight to safety and negative for equities


UPDATE: Exited my GDX Puts earlier today. Gold is just whipsawing around no reason to be in that.