Tuesday, January 10, 2017

Of Pencils and Crayons

It's not in the way that you hold me
It's not in the way you say you're mine

Our previous analysis of long term 10 yr yields suggested 3% as the level to watch. Bill Gross's technical analysis of the same data marks 2.6% as the Maginot Line in the sand.

May not mean much in the larger scheme of things, but perhaps it demonstrates the difference between drawing lines for technical analysis with a sharp pencil or a dull crayon.

I myself prefer the Crayola.

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