A.M. Look 2/4/11

UnEnjoyment is upon us once again.

Dr. Nenner’s model in the 30 Yr. Bonds shows 118.08 as a significant level today. Pay close attention to this bond level for a reaction trade in the SPU/Bonds…(If the Bonds hold 118.08 you can see a reaction high in the Spu)

Today is usually a day for extremes in the Bonds and the metals. Gold & Silver have typically held the first big break and then rally.

Bonds typically put in an extreme for a few weeks ( high or low)

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