Near panic moves to the upside in Treasurys (TLT) and the dollar (UUP), "coupled with outright...


Near panic moves to the upside in Treasurys (TLT) and the dollar (UUP), "coupled with outright liquidations in commodity, tech, and financial related names, has me thinking something very ominous is looming," writes The Fly. The only reason he's holding onto any stocks is his expectation for an imminent announcement by policymakers to try and goose the markets.
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Comments (2)
  • phoneranger
    , contributor
    Comments (348) | Send Message
     
    TLT Owners are a happ(ier) bunch today http://bit.ly/qIb4d1
    22 Sep 2011, 05:23 PM Reply Like
  • Stoploss
    , contributor
    Comments (1713) | Send Message
     
    Hey McFly, the S&P is at 1129, or roughly 450 points below the all time high in 07.

     

    You're waiting for something that's not coming until at least 1020 get's taken out. We are a little ways off from that.
    22 Sep 2011, 05:25 PM Reply Like
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