By Martin McGuire | November 13, 2015
On Tuesday we reviewed a situation that showed the S&P 500 Index, many Eurodollar and Treasury futures as being "stretched" and at risk of reversing. Additional technical conditions pointed toward that risk as well. While always fearful that an interest in being "the smartest guy in the room" had clouded right-thinking, we suggested that weaker equity prices in part would buy Treasury prices.
