tag:blogger.com,1999:blog-27784316.post2762149744869515185..comments2023-09-06T03:23:43.027-07:00Comments on I AM A FUTURES TRADER: Chris Johnstonhttp://www.blogger.com/profile/01542415946929766288noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-27784316.post-40244298714994181202011-08-25T19:27:31.872-07:002011-08-25T19:27:31.872-07:00You are not reading very carefully, I just said wi...You are not reading very carefully, I just said within the last few days I thought a top was near in bonds. I also called the huge bond breakout that occurred just about a week prior in July, not sure how you missed that I talked about it several days.<br /><br />There is a difference between a normal market top and a bubble. Bubbles are inflated prices with no fundamental basis, like GOLD. Bonds have rallied but there is a direct fundamental link that has existed forever between crisis and interest rates. There has always been a flight to quality into bonds during times of crisis, there is no such historical relationship with Gold to crisis periods.<br /><br />As I say, it is in the data, the GOLD relationship that is alleged, is not in the data.<br /><br />Opinions are one thing, I make my calls from historical cause and effect relationships.<br /><br />Read back in my old posts, there are many comments about bonds in both directions.Chris Johnstonhttps://www.blogger.com/profile/01542415946929766288noreply@blogger.comtag:blogger.com,1999:blog-27784316.post-52912278504097859732011-08-25T17:17:16.027-07:002011-08-25T17:17:16.027-07:00Chris,
Is there a reason you never, ever mention T...Chris,<br />Is there a reason you never, ever mention T-Bonds or Notes. If there were ever a bubble we are at or very near it in government bonds - much more so than gold in my opinion. They ran 20 full points since the June lows and 15 full points while the Bernanke's were getting crushed. Huge moves and huge profits and nary a word. I know some traders think it is a manipulated/rigged market but no more so than what the FED did to stocks in the last year. Just curious. Don in rocking and rolling Virginia.Anonymousnoreply@blogger.com