12/27/10

Technical patterns

The market was boring today. To be expected.

But two interesting patterns were very clear from the start. Corporate high and low-grade bonds were strong.

LQD and JNK rose quite strongly. Does this mean bond yields are close to a top? It may be an important pattern.

George Dagnino, PhD
Editor, The Peter Dag Portfolio. Since 1977
Ranked second best gold timer by Timer Digest

To find out more about my in depth views of the markets and my strategy just visit our website https://www.peterdag.com/ where you can subscribe to The Peter Dag Portfolio. You can also call me at 1-800-833-2782 to discuss your specific investment portfolio.

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