Just Call Me

Thus far the market is responding to a sentiment extreme much in the same way it has been recently. We are seeing a pullback, but the market is not falling apart. 

I added to my treasury position this afternoon and am going home long Treasuries and short stocks. You can call me dumb, deaf and stupid. But don't call me consensus. Have a good night.


PJ said...

I'm still waiting to go into bonds for the long-term support around 117-118 to be reached. It's close!

PJ said...

Or, failing that, for year-end to be reached. I expect a bond rally in January.