Jim’s Mailbox
Posted by Jim Sinclair on January 31, 2010 @ 8:01 pm in Jim's Mailbox
Long bonds – retail money played again
CIGA Eric
The battle between illusion (immovable object) and economic reality (unstoppable force) in the bond market is no trivial matter. The resolution of this war in terms of interest rates will have broad economic consequences. Consequences that would be deemed a threat to our national interests. The inflows by strong hands at support, spot-shadowed, illustrates the importance of the technical picture.
The war rages in the bond market.
In previous commentary, I also wrote "Beat the grass to startle the snakes [1]." In other words, wait and see how retail money gets played. As in most markets, they didn’t stand a chance.
US TBd (20 Years +) and the Commercial Traders COT Futures and Options Stochastic Weighted Average of Net Long As A % of Open Interest: 
[2]
US TBd (20 Years +) and the Non-reportable Traders COT Futures and Options Stochastic Weighted Average of Net Long As A % of Open Interest: 
[3]
Source: The immovable object meets an unstoppable force [4]
More… [5]
URL to article: http://www.jsmineset.com/2010/01/31/jims-mailbox-345/
URLs in this post:
[1] Beat the grass to startle the snakes: http://edegrootinsights.blogspot.com/2010/01/ta-spotlight-long-bonds.html
[2] Image: http://3.bp.blogspot.com/_m5i6pLhlNWU/S2WZglw55pI/AAAAAAAAAs8/kaaCJQiQE9w/s1600-h/COT+F%26O+USTBD+CS.JPG
[3] Image: http://4.bp.blogspot.com/_m5i6pLhlNWU/S2WZg1Tx78I/AAAAAAAAAtE/_ERjnkdcclY/s1600-h/COT+F%26O+USTBD+NR.JPG
[4] The immovable object meets an unstoppable force: http://edegrootinsights.blogspot.com/2010/01/immovable-object-meets-unstoppable.html
[5] More…: http://edegrootinsights.blogspot.com/2010/01/long-bonds-retail-money-played-again.html
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