Risk: Out on a limb, Safety: Expensive Trampoline

Stocks and Oil are not at their recent lows, yet.

Government paper is making new highs.

Gold is about to pierce support practically as I type this.

I think this is a cocktail, for money to flow from gold first, bonds soon, and put support under stocks and oil, without letting them make a lower low on stocks and oil.

Of course, we’re one or two more depressing data points away from the limb snapping and stocks crashing really hard.

Conclusions: I’m likely on the wrong side of the trade for the next 3 days.