Wednesday, October 15, 2008
Rate Watch 10/15/08: Floating
It's hard to believe what is going on the Stock and Bond market right now and the old flow of money from Stocks to Bonds isn't happening. This morning is as close to "normal" as I have seen for weeks. Stocks are off 400 points and for now, we are FINALLY getting some price increases in the Bond Market as patterns forming within the Bond Charts are providing a level of support. As quickly as things change, and Bernanke is talking this afternoon, I will provide you information immediately if the direction changes!