Monday, March 21, 2011

I Spy With My Little Eye.....

I spy with my little eye.... something that is weak.

Not yet. Okay.

I spy with my little eye.... something that the shills on CNBC don't like talking about.

Not yet. Okay.

I spy with my little eye.... something that is huge on down days.

Not yet. Okay

I spy with my little eye.... something that is missing in action on up days.

Hurray for you if you guessed volume.

Yes volume plain and simple.
Take your pick of which index you prefer to measure it with as it matters not, they're all afflicted with the same disease. For what its worth I am keeping a close eye on the long bond here, ticker TLT. Looks very constructive to the upside.

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