TSXV:AAA.P - Post by User
Comment by
jonofdublnon May 17, 2012 9:53pm
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Post# 19923580
RE: Eurodollar COT Correlation with S&P 500
RE: Eurodollar COT Correlation with S&P 500 Thanks on this Scorpio. I have been traveling constantly and have had the opportunity to listen to bloomberg on XM for hours. The consensus is in line with your chart. People are out of the market while it runs and most of those interviewed target 1450 on the S&P in the next 6-12 months....11% upside.
I rolled all my company retirement funds from the bond funds which were up 1.8% for the year into the market which has collaped in recent days. I can't pick the bottom like your chart, so I selected today....and Allana was up!! I am very conservative with my corporate funds as they match 50% up to 12% of my income...can't beat that instant 50% gain, tax deffered.
My best to all,
John