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Horns of Dilemma or Have Dilemma – WSE Pro
Bulls are claiming that this is just a pullback in a bottoming process, while bears see it as a setup for another miraculous rally just when it looks like things are headed for disaster. Bears are afraid that they are heading for another miracle rally just like the last few times it appeared that the market would fall apart. I have a different interpretation. It’s that the market may be headed for another breakdown. Click here to download complete report in pdf format (Professional Edition Subscribers). Try the Professional Edition risk free for thirty days. If, within that time you don’t find the information useful, I will give you a full refund. It’s that simple. Click here for more information.
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I still say it is too easy, too obvious, too convenient that the Treasury department is the big winner from the turmoil in other capital markets such as commercial paper where everyone is running to treasuries for safety at the exact time when the treasury department needs them too because of their ever increasing financing requirements. One would wonders stress the Treasury department would be under if their was no exodus in those other markets. Seems a little too convenient. Somehow the image of a sheep herder comes to mind.