Saturday, August 13, 2011

Week-end update Stocks, Bonds, Energy

The 30 year market is set up for a decline. It's first target is just above 132. The 10 year is set up to drop to the 127 '20 area, and likely further from there.

Sept. emini is headed first for 1212, then 1244 -- unless we get a very surprising change in course Monday and Tuesday.

88.20 then 91.20 are the current targets for Sept. crude. NGas is looking for at least 4.310-4.320. High Grade looks to want to go to around 4.24-4.25 for now.

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