| IN555 - 10/5/2017 08:37
My point was finding a fork that is predicting that outcome. I'm sure a fork would work well if that outcome was known.
Which outcome? That price was in deep trouble and going lower or that yields would be 13 percent higher than trend? Couldn't you surmise that since price had been telgraphing for years it was in deep trouble and going lower and since yield equals price in your book, that both were predicted because darn sure price was screaming it was going lower long before it did.
It would likely serve you well to go study that whole sequence closely as that formation will likely be a close cousin to the one we are currently going through,...price is already stating that.... In fact, the 2004 formation is the inverse of 2012. Price knows.
Take care |
Is this the new normal for yields?
