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"As a technician, I feel that there are few analysts that offer value for me, but you do. Your work on Gold ratios has helped my analysis greatly." --Jordan Roy-Byrne, CMT (The Daily Gold) 4.9.10
Tuesday, August 9, 2011
30 Year Note
Here's the weekly chart of the long bond we used at the time. 'W' bottom at support, even as the news of the day was inflationary Armageddon. Not that I took advantage of it as a play in the casino. But I did use it as a warning that the d Boys were not dead and buried just yet.
So let's see whether or not the Wizard plans to use his new found 'hand'.