The Dow was on its way to a 160-point loss as traders flocked to the dollar and “riskless” Treasuries, and so we took a leisurely and look at some charts that might otherwise have induced vertigo. Bellwether Apple was in state of ambivalence after having rallied from its deepest hole in years, affording us an opportunity to handicap the odds of its being in a bear market. Finally, we found new assurance that T-Bond futures are (still) on their way to the moon.
