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... the thing has opened continuing yesterday's bounce, but this is just a bounce (as I forecast about five posts ago - jsut to slap late shorts upside the head). Re-set shorts in whatever index you fancy at 10:05 a.m. NY time. At the same time (for those who like the bonds) try buying the bond for a scalp. It's over-reacted to yesterday's BoJ announcement. it will only be a counter-trend scalp, but it will do OK. (Bear in mind that my long-term target for the 30-year has been under 100 for some time... this is a long SCALP)
