Bonds

Technically, we should buyers of weakness today.  Negatively correlating to stocks, fridays rally had more volume than thursdays selloff.  So I will look to buy some more weakness in bonds later this morning.  But, dont forget the fed meeting on wednesday.  The question is will the fed change its stance on the statement... We will remain accomadative for an extended period of time.  Obviously, thats not an exact quote, but pretty close.  Some think the fed shift to a somewhat more hawkish stance this meeting due to the overall improvement in economic data and the stock market.  My thoughts are, even though its a lagging indicator, the fed will not shift its stance until they feel the job markets has turned a corner in a significant way.  How that will occur, I dont know, but it sure as hell will make the bond market crazy and fun trade.  That being said the technicals are bullish and I will remain that way for the time being.